DRI Healthcare Trust (TSE:DHT.UN – Get Free Report) shares were down 0.9% during trading on Thursday . The stock traded as low as C$14.77 and last traded at C$14.97. Approximately 13,418 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 42,733 shares. The stock had previously closed at C$15.10.
DRI Healthcare Trust Stock Down 0.9%
The stock has a market cap of C$830.85 million, a PE ratio of 213.86 and a beta of 0.13. The company has a fifty day moving average price of C$14.62 and a 200 day moving average price of C$13.67.
DRI Healthcare Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, October 20th. Stockholders of record on Monday, October 20th were issued a $0.10 dividend. The ex-dividend date was Monday, September 29th. This represents a $0.40 annualized dividend and a dividend yield of 2.7%. DRI Healthcare Trust’s payout ratio is currently 528.57%.
About DRI Healthcare Trust
DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term.
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