Greystone Housing Impact Investors LP (GHI) to Issue Quarterly Dividend of $0.14 on April 30th

Greystone Housing Impact Investors LP (NYSE:GHIGet Free Report) announced a quarterly dividend on Wednesday, March 18th. Investors of record on Tuesday, March 31st will be given a dividend of 0.14 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date is Tuesday, March 31st.

Greystone Housing Impact Investors has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Greystone Housing Impact Investors has a dividend payout ratio of 62.5% indicating that its dividend is sufficiently covered by earnings.

Greystone Housing Impact Investors Trading Down 0.4%

NYSE GHI opened at $5.85 on Friday. The company has a market capitalization of $137.83 million, a price-to-earnings ratio of -15.38 and a beta of 0.58. The company has a debt-to-equity ratio of 3.95, a current ratio of 9.25 and a quick ratio of 6.63. Greystone Housing Impact Investors has a 12 month low of $5.61 and a 12 month high of $13.14. The company’s fifty day moving average price is $7.62 and its two-hundred day moving average price is $8.15.

Greystone Housing Impact Investors (NYSE:GHIGet Free Report) last released its earnings results on Monday, March 16th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.48). The company had revenue of $17.15 million during the quarter, compared to the consensus estimate of $24.35 million. Greystone Housing Impact Investors had a positive return on equity of 6.13% and a negative net margin of 5.95%. As a group, research analysts predict that Greystone Housing Impact Investors will post 1.9 earnings per share for the current fiscal year.

About Greystone Housing Impact Investors

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Greystone Housing Impact Investors (NYSE:GHI) is a publicly traded real estate investment trust focused on financing and preserving affordable and sustainable rental housing in the United States. As the country’s first social‐impact REIT dedicated to housing, GHI aims to deliver stable, long‐term cash flows to its shareholders while supporting underserved communities through strategic capital deployment.

The company originates, underwrites and manages a diversified portfolio of first‐mortgage loans secured by multifamily residential properties, with an emphasis on workforce, affordable and mixed‐income developments.

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Dividend History for Greystone Housing Impact Investors (NYSE:GHI)

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