Greystone Housing Impact Investors LP (NYSE:GHI) Announces Quarterly Dividend of $0.14

Greystone Housing Impact Investors LP (NYSE:GHI – Get Free Report) declared a quarterly dividend on Wednesday, September 16th. Investors of record on Wednesday, September 30th will be given a dividend of 0.14 per share on Friday, October 30th. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date is Wednesday, September 30th.

Greystone Housing Impact Investors has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. Greystone Housing Impact Investors has a dividend payout ratio of 35.0% indicating that its dividend is sufficiently covered by earnings.

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Greystone Housing Impact Investors Stock Up 1.0%

GHI stock opened at $5.97 on Thursday. The business’s 50-day moving average price is $5.89 and its 200-day moving average price is $5.71. The stock has a market cap of $140.63 million, a P/E ratio of -24.87 and a beta of 0.68. Greystone Housing Impact Investors has a twelve month low of $4.71 and a twelve month high of $10.94. The company has a quick ratio of 6.19, a current ratio of 6.19 and a debt-to-equity ratio of 3.80.

Greystone Housing Impact Investors (NYSE:GHI – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). Greystone Housing Impact Investors had a negative net margin of 1.03% and a positive return on equity of 3.72%. The business had revenue of $21.19 million during the quarter, compared to analysts’ expectations of $20.49 million.

About Greystone Housing Impact Investors

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Greystone Housing Impact Investors LP (NYSE:GHI), formerly known as America First Multifamily Investors, L.P., is a publicly traded limited partnership focused on investments that support the development and preservation of multifamily housing. The partnership primarily invests in mortgage revenue bonds and other housing-related securities associated with affordable and workforce housing properties.

Its portfolio may also include mortgage-backed securities, taxable and tax-exempt investments, and other debt instruments tied to multifamily real estate.

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