Target Healthcare REIT Ltd (LON:THRL) declared a dividend on Thursday, November 7th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 14th will be paid a dividend of GBX 1.67 ($0.02) per share on Friday, November 29th. This represents a dividend yield of 1.45%. The ex-dividend date is Thursday, November 14th. This is a positive change from Target Healthcare REIT’s previous dividend of $1.64. The official announcement can be accessed at this link.

Shares of LON THRL opened at GBX 115 ($1.50) on Friday. The company has a market capitalization of $526.11 million and a P/E ratio of 14.20. Target Healthcare REIT has a 52-week low of GBX 1.05 ($0.01) and a 52-week high of GBX 118.50 ($1.55). The company has a debt-to-equity ratio of 25.93, a quick ratio of 2.59 and a current ratio of 2.64. The company’s 50 day moving average price is GBX 113.47 and its 200-day moving average price is GBX 107.37.

About Target Healthcare REIT

Target Healthcare REIT Limited is a closed-ended property investment company. The Company’s investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified portfolio of freehold and long leasehold care homes that are let to care home operators, and other healthcare assets in the United Kingdom.

Further Reading: What are convertible shares? 

Dividend History for Target Healthcare REIT (LON:THRL)

Receive News & Ratings for Target Healthcare REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Target Healthcare REIT and related companies with MarketBeat.com's FREE daily email newsletter.