Shares of Target Healthcare REIT (LON:THRL - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 88.71 ($1.12) and traded as low as GBX 82.40 ($1.04). Target Healthcare REIT shares last traded at GBX 83.80 ($1.06), with a volume of 886,349 shares trading hands.
Target Healthcare REIT Stock Performance
The stock has a market cap of £525.34 million, a price-to-earnings ratio of 702.48, a P/E/G ratio of 1.48 and a beta of 0.44. The company's fifty day simple moving average is GBX 88.71 and its two-hundred day simple moving average is GBX 83.66. The company has a debt-to-equity ratio of 34.92, a current ratio of 1.62 and a quick ratio of 1.52.
Target Healthcare REIT Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 14th will be paid a dividend of GBX 1.47 ($0.02) per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a yield of 1.64%. This is an increase from Target Healthcare REIT's previous dividend of $1.43. Target Healthcare REIT's payout ratio is 5,000.00%.
Target Healthcare REIT Company Profile
(
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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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