Diversified Healthcare Trust (NASDAQ:DHCNL) Plans Quarterly Dividend of $0.38

Diversified Healthcare Trust (NASDAQ:DHCNL) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Sunday, February 15th will be paid a dividend of 0.3819 per share on Sunday, March 1st. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Friday, February 13th.

Diversified Healthcare Trust Trading Down 0.4%

NASDAQ:DHCNL traded down $0.08 during midday trading on Wednesday, reaching $18.44. The company had a trading volume of 8,380 shares, compared to its average volume of 11,397. Diversified Healthcare Trust has a 12-month low of $14.20 and a 12-month high of $19.51. The stock’s fifty day simple moving average is $18.16 and its 200-day simple moving average is $17.98.

Diversified Healthcare Trust is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of net leased healthcare properties in the United States. Headquartered in Newton, Massachusetts, the company focuses on long-term, triple-net leases with creditworthy operators of senior housing, skilled nursing facilities, medical office buildings and life science properties. Its business model centers on generating stable rental income through passive, inflation-protected lease structures.

Since its formation in 2013, Diversified Healthcare Trust has grown its portfolio through targeted acquisitions and selective development partnerships, assembling assets across multiple states and care segments.