Primary Health Properties PLC (PHP) to Issue Dividend of GBX 1.48 on August 21st
Primary Health Properties PLC (LON:PHP) announced a dividend on Thursday, June 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 2nd will be given a dividend of GBX 1.48 ($0.02) per share by the real estate investment trust on Friday, August 21st. This represents a dividend yield of 0.97%. The ex-dividend date is Thursday, July 2nd. The official announcement can be viewed at this link.
PHP stock opened at GBX 155.60 ($1.91) on Tuesday. The company’s 50 day simple moving average is GBX 155.12 and its 200-day simple moving average is GBX 154.97. The firm has a market capitalization of $1.89 billion and a P/E ratio of -23.94. Primary Health Properties has a 52-week low of GBX 120.40 ($1.48) and a 52-week high of GBX 167.60 ($2.06). The company has a debt-to-equity ratio of 104.35, a current ratio of 2.42 and a quick ratio of 2.33.
In related news, insider Steven Owen acquired 7,992 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was purchased at an average cost of GBX 160 ($1.97) per share, for a total transaction of £12,787.20 ($15,736.16). Also, insider Harry Abraham Hyman bought 363 shares of the stock in a transaction dated Friday, May 22nd. The shares were purchased at an average price of GBX 155 ($1.91) per share, for a total transaction of £562.65 ($692.41). Insiders have acquired a total of 8,418 shares of company stock worth $1,344,624 over the last three months.
About Primary Health Properties
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.
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