Diversified Healthcare Trust (NASDAQ:DHCNL) Shares Down 1.6%

Shares of Diversified Healthcare Trust (NASDAQ:DHCNLGet Free Report) fell 1.6% during mid-day trading on Thursday . The stock traded as low as $14.21 and last traded at $14.40. 8,020 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 13,781 shares. The stock had previously closed at $14.63.

Diversified Healthcare Trust Stock Performance

The business’s 50 day simple moving average is $15.38 and its two-hundred day simple moving average is $15.19.

Diversified Healthcare Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a $0.3906 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.85%. This is a positive change from Diversified Healthcare Trust’s previous quarterly dividend of $0.39. The ex-dividend date was Wednesday, February 14th.

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