Shares of Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report) shot up 4.6% during trading on Tuesday . The stock traded as high as GBX 65.90 ($0.88) and last traded at GBX 65.70 ($0.87). 1,055,518 shares changed hands during mid-day trading, an increase of 22% from the average session volume of 862,245 shares. The stock had previously closed at GBX 62.80 ($0.83).
Triple Point Social Housing REIT Price Performance
The stock has a market cap of £271.98 million, a price-to-earnings ratio of 10.59 and a beta of 0.30. The stock's 50 day simple moving average is GBX 59.98 and its two-hundred day simple moving average is GBX 60.64.
Triple Point Social Housing REIT (LON:SOHO - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 5.40 ($0.07) earnings per share for the quarter. Triple Point Social Housing REIT had a return on equity of 5.77% and a net margin of 62.91%. As a group, analysts predict that Triple Point Social Housing REIT plc will post 6.4980159 earnings per share for the current year.
Triple Point Social Housing REIT Announces Dividend
The company also recently declared a dividend, which was paid on Friday, April 11th. Investors of record on Thursday, March 27th were issued a GBX 1.37 ($0.02) dividend. This represents a yield of 2.31%. The ex-dividend date was Thursday, March 27th. Triple Point Social Housing REIT's dividend payout ratio is 77.67%.
Triple Point Social Housing REIT Company Profile
(
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Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment.
We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs.
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