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Target Healthcare REIT (LON:THRL) to Issue Dividend Increase - GBX 1.47 Per Share

Target Healthcare REIT logo with Real Estate background

Target Healthcare REIT (LON:THRL - Get Free Report) declared a dividend on Tuesday, October 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 14th will be given a dividend of GBX 1.47 ($0.02) per share on Friday, November 29th. This represents a dividend yield of 1.64%. The ex-dividend date is Thursday, November 14th. This is a boost from Target Healthcare REIT's previous dividend of $1.43. The official announcement can be seen at this link.

Target Healthcare REIT Stock Up 0.7 %

Shares of THRL traded up GBX 0.60 ($0.01) on Tuesday, hitting GBX 90.40 ($1.17). 992,097 shares of the stock traded hands, compared to its average volume of 1,159,185. The company has a market capitalization of £560.70 million, a PE ratio of 753.33, a P/E/G ratio of 1.48 and a beta of 0.44. The company has a debt-to-equity ratio of 34.92, a quick ratio of 1.52 and a current ratio of 1.62. Target Healthcare REIT has a one year low of GBX 70.40 ($0.91) and a one year high of GBX 93 ($1.21). The business has a 50 day simple moving average of GBX 87.67 and a 200 day simple moving average of GBX 82.68.

Target Healthcare REIT Company Profile

(Get Free Report)

UK listed Target Healthcare REIT plc (THRL) is an externally managed Real Estate Investment Trust which provides shareholders with an attractive level of income, together with the potential for capital and income growth, from investing in a diversified portfolio of modern, purpose-built care homes. The Group's portfolio at 31 December 2023 comprised 98 assets let to 32 tenants with a total value of £911.1 million.

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Dividend History for Target Healthcare REIT (LON:THRL)

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