Diversified Healthcare Trust (NASDAQ:DHCNL – Get Free Report) declared a quarterly dividend on Friday, January 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.3906 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Friday, May 15th. This is a 2.3% increase from Diversified Healthcare Trust’s previous quarterly dividend of $0.38.
Diversified Healthcare Trust Stock Performance
DHCNL traded down $0.11 during midday trading on Wednesday, reaching $19.59. 4,842 shares of the company’s stock were exchanged, compared to its average volume of 33,569. The business’s 50-day moving average price is $18.40 and its 200 day moving average price is $18.18. Diversified Healthcare Trust has a 1-year low of $15.90 and a 1-year high of $19.90.
Since its formation in 2013, Diversified Healthcare Trust has grown its portfolio through targeted acquisitions and selective development partnerships, assembling assets across multiple states and care segments.
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