Diversified Healthcare Trust (DHC) Scheduled to Post Quarterly Earnings on Monday

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Monday, May 6th. Analysts expect Diversified Healthcare Trust to post earnings of $0.01 per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Diversified Healthcare Trust Trading Down 1.2 %

Shares of NASDAQ:DHC traded down $0.03 during midday trading on Monday, hitting $2.40. 602,072 shares of the stock traded hands, compared to its average volume of 1,168,858. The stock has a market capitalization of $577.00 million, a PE ratio of -1.98 and a beta of 2.05. The business's 50 day moving average is $2.65 and its two-hundred day moving average is $2.64. The company has a quick ratio of 8.46, a current ratio of 8.46 and a debt-to-equity ratio of 1.21. Diversified Healthcare Trust has a one year low of $0.80 and a one year high of $3.96.

Diversified Healthcare Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Monday, April 22nd will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend is Friday, April 19th. Diversified Healthcare Trust's dividend payout ratio (DPR) is -3.25%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Diversified Healthcare Trust from a "hold" rating to a "sell" rating in a research note on Tuesday, March 26th.

Diversified Healthcare Trust Company Profile

DHC is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location.