Shares of Target Healthcare REIT (LON:THRL - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 88.20 ($1.15) and traded as high as GBX 92 ($1.20). Target Healthcare REIT shares last traded at GBX 86.30 ($1.12), with a volume of 1,057,909 shares traded.
Target Healthcare REIT Price Performance
The company has a current ratio of 1.62, a quick ratio of 1.52 and a debt-to-equity ratio of 34.92. The stock has a market capitalization of £551.39 million, a P/E ratio of 728.17, a PEG ratio of 1.48 and a beta of 0.44. The company has a fifty day simple moving average of GBX 88.25 and a two-hundred day simple moving average of GBX 83.16.
Target Healthcare REIT Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 14th will be issued a GBX 1.47 ($0.02) dividend. This is a positive change from Target Healthcare REIT's previous dividend of $1.43. This represents a yield of 1.64%. The ex-dividend date of this dividend is Thursday, November 14th. Target Healthcare REIT's dividend payout ratio is currently 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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