DRI Healthcare Trust (DHT) Scheduled to Post Earnings on Monday

DRI Healthcare Trust (TSE:DHT) is scheduled to announce its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of C$0.94 per share for the quarter.

DRI Healthcare Trust (TSE:DHT) last released its earnings results on Wednesday, February 28th. The company reported C$1.39 EPS for the quarter, topping the consensus estimate of C$0.57 by C$0.82. The company had revenue of C$71.14 million during the quarter, compared to analysts’ expectations of C$44.55 million.

DRI Healthcare Trust Stock Performance

DRI Healthcare Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Sunday, March 31st were paid a $0.114 dividend. This is an increase from DRI Healthcare Trust’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.46 dividend on an annualized basis and a yield of ∞.

About DRI Healthcare Trust

DHT is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC segment. It operates through its integrated management companies in Monaco, Singapore and Oslo, Norway. You shall recognize it by its business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for its fleet and a transparent corporate structure maintaining a high level of integrity and good governance.