Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report)'s stock price shot up 3.3% during mid-day trading on Tuesday . The stock traded as high as GBX 71.40 ($0.96) and last traded at GBX 71.10 ($0.96). 1,401,593 shares traded hands during trading, an increase of 57% from the average session volume of 892,655 shares. The stock had previously closed at GBX 68.86 ($0.93).
Triple Point Social Housing REIT Stock Up 0.6%
The company has a fifty day simple moving average of GBX 66.51 and a 200-day simple moving average of GBX 61.63. The firm has a market cap of £279.16 million, a P/E ratio of 10.87 and a beta of 0.30.
Triple Point Social Housing REIT (LON:SOHO - Get Free Report) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX 5.40 ($0.07) earnings per share (EPS) for the quarter. Triple Point Social Housing REIT had a return on equity of 5.77% and a net margin of 62.91%. As a group, research analysts forecast that Triple Point Social Housing REIT plc will post 6.4980159 EPS for the current year.
Triple Point Social Housing REIT Announces Dividend
The company also recently declared a dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, March 27th were given a GBX 1.37 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a dividend yield of 2.31%. Triple Point Social Housing REIT's payout ratio is currently 77.67%.
About Triple Point Social Housing REIT
(
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Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment.
We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs.
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