National Healthcare Properties (NASDAQ:NHPAP) Trading 0.4% Higher – Still a Buy?

National Healthcare Properties, Inc. (NASDAQ:NHPAPGet Free Report)’s stock price traded up 0.4% on Wednesday . The company traded as high as $19.50 and last traded at $19.50. 2,502 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 7,095 shares. The stock had previously closed at $19.43.

National Healthcare Properties Stock Performance

The company has a fifty day simple moving average of $18.99 and a 200-day simple moving average of $18.21.

National Healthcare Properties Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd were issued a dividend of $0.4609 per share. The ex-dividend date was Friday, January 2nd. This represents a $1.84 dividend on an annualized basis and a dividend yield of 9.5%.

National Healthcare Properties Company Profile

(Get Free Report)

NHP is a $2.6 billion healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings and Senior Housing Operating Properties.

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