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DRI Healthcare Trust (TSE:DHT.UN) to Issue Quarterly Dividend of $0.10

DRI Healthcare Trust logo with Medical background

Key Points

  • DRI Healthcare Trust has announced a quarterly dividend of $0.10 per share, payable to shareholders on October 20th.
  • The company's current market capitalization is C$826.41 million, with a price-to-earnings ratio of 212.71.
  • DRI Healthcare Trust focuses on providing unitholders with exposure to the growth of the global pharmaceuticals and biotechnology markets.
  • Five stocks we like better than DRI Healthcare Trust.

DRI Healthcare Trust (TSE:DHT.UN - Get Free Report) declared a quarterly dividend on Monday, September 29th, TickerTech Dividends reports. Shareholders of record on Monday, October 20th will be given a dividend of 0.10 per share on Monday, October 20th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, September 29th.

DRI Healthcare Trust Price Performance

TSE DHT.UN opened at C$14.89 on Friday. The firm has a market capitalization of C$826.41 million, a price-to-earnings ratio of 212.71 and a beta of 0.28. The company has a 50 day simple moving average of C$14.47 and a 200-day simple moving average of C$13.10. DRI Healthcare Trust has a 52-week low of C$10.70 and a 52-week high of C$15.12.

About DRI Healthcare Trust

(Get Free Report)

DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term.

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