DRI Healthcare Trust (
TSE:DHT.UN -
Get Free Report)'s stock price traded down 0.5% during mid-day trading on Wednesday . The stock traded as low as C$14.50 and last traded at C$14.56. 24,437 shares were traded during trading, a decline of 43% from the average session volume of 43,207 shares. The stock had previously closed at C$14.64.
DRI Healthcare Trust Stock Down 0.5%
The company has a market cap of C$808.09 million, a PE ratio of 208.00 and a beta of 0.13. The company has a 50-day moving average of C$14.51 and a 200-day moving average of C$13.27.
DRI Healthcare Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Monday, October 20th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, September 29th. DRI Healthcare Trust's dividend payout ratio (DPR) is 528.57%.
About DRI Healthcare Trust
(
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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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