Diversified Healthcare Trust (DHC) Scheduled to Post Quarterly Earnings on Monday

Diversified Healthcare Trust (NASDAQ:DHC) is set to announce its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Diversified Healthcare Trust Price Performance

NASDAQ DHC opened at $2.43 on Monday. The business has a 50 day simple moving average of $2.65 and a 200 day simple moving average of $2.64. Diversified Healthcare Trust has a 52-week low of $0.80 and a 52-week high of $3.96. The company has a debt-to-equity ratio of 1.21, a quick ratio of 8.46 and a current ratio of 8.46. The stock has a market cap of $584.22 million, a price-to-earnings ratio of -1.98 and a beta of 2.05.

Diversified Healthcare Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Monday, April 22nd will be paid a dividend of $0.01 per share. The ex-dividend date is Friday, April 19th. This represents a $0.04 dividend on an annualized basis and a yield of 1.65%. Diversified Healthcare Trust’s payout ratio is -3.25%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, March 26th.

About Diversified Healthcare Trust

DHC is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location.