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Triple Point Social Housing REIT (LON:SOHO) Stock Price Up 1.5% - Here's What Happened

Triple Point Social Housing REIT logo with Real Estate background

Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report) shares shot up 1.5% on Monday . The stock traded as high as GBX 64.90 ($0.84) and last traded at GBX 64.32 ($0.83). 1,338,047 shares were traded during mid-day trading, an increase of 108% from the average session volume of 641,863 shares. The stock had previously closed at GBX 63.40 ($0.82).

Triple Point Social Housing REIT Stock Up 1.5 %

The firm has a 50-day moving average of GBX 64.31 and a two-hundred day moving average of GBX 60.90. The company has a current ratio of 12.24, a quick ratio of 10.82 and a debt-to-equity ratio of 58.68. The firm has a market capitalization of £253.08 million, a PE ratio of 714.67 and a beta of 0.30.

Triple Point Social Housing REIT Announces Dividend

The company also recently announced a dividend, which was paid on Friday, October 4th. Stockholders of record on Thursday, September 19th were issued a dividend of GBX 1.37 ($0.02) per share. This represents a dividend yield of 2.09%. The ex-dividend date of this dividend was Thursday, September 19th. Triple Point Social Housing REIT's payout ratio is currently 5,555.56%.

About Triple Point Social Housing REIT

(Get Free Report)

Triple Point Social Housing REIT plc (the "Company") is a Real Estate Investment Trust ("REIT") incorporated in England and Wales under the Companies Act 2006 as a public company limited by shares on 12 June 2017. The address of the registered office is 1 King William Street, United Kingdom, EC4N 7AF.

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