Primary Health Properties PLC Declares Dividend of GBX 1.40 (LON:PHP)
Primary Health Properties PLC (LON:PHP) announced a dividend on Wednesday, July 3rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 11th will be paid a dividend of GBX 1.40 ($0.02) per share by the real estate investment trust on Friday, August 23rd. This represents a dividend yield of 1.02%. The ex-dividend date is Thursday, July 11th. The official announcement can be viewed at this link.
Shares of Primary Health Properties stock opened at GBX 137 ($1.79) on Wednesday. The firm has a market cap of $1.56 billion and a price-to-earnings ratio of 13.98. The firm has a 50-day moving average of GBX 135.57. The company has a current ratio of 0.08, a quick ratio of 0.07 and a debt-to-equity ratio of 88.06. Primary Health Properties has a 1 year low of GBX 106.40 ($1.39) and a 1 year high of GBX 139 ($1.82).
PHP has been the topic of a number of recent analyst reports. Peel Hunt upgraded shares of Primary Health Properties to a “buy” rating in a research note on Tuesday, May 14th. Liberum Capital lowered shares of Primary Health Properties to a “hold” rating and upped their target price for the company from GBX 125 ($1.63) to GBX 130 ($1.70) in a research note on Monday, March 25th.
Primary Health Properties PLC (PHP) is a UK Real Estate Investment Trust (REIT) and the leading investor in modern primary healthcare premises. The objective of the Group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieves this by investing in healthcare real estate in the UK and Ireland let on long term leases backed by a secure underlying covenant funded mostly by government bodies.
Further Reading: Calculate Your Return on Investment (ROI)
Receive News & Ratings for Primary Health Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primary Health Properties and related companies with MarketBeat.com's FREE daily email newsletter.