Shares of Diversified Healthcare Trust – (NASDAQ:DHCNI – Get Free Report) fell 0.1% on Friday. The stock traded as low as $16.69 and last traded at $16.95. 71,691 shares traded hands during mid-day trading, an increase of 50% from the average session volume of 47,947 shares. The stock had previously closed at $16.96.
Diversified Healthcare Trust Stock Performance
The stock’s 50-day moving average is $17.68 and its 200 day moving average is $17.97.
Diversified Healthcare Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, November 1st. Stockholders of record on Thursday, October 15th will be issued a $0.3516 dividend. This represents a $1.41 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Thursday, October 15th.
Diversified Healthcare Trust is a real estate investment trust focused on owning and managing healthcare-related properties in the United States. Its portfolio has historically included medical office buildings, life science and research facilities, senior living communities, and other properties used by healthcare providers and service organizations.
The company’s properties are generally leased to healthcare operators, medical practices, life science companies, and other institutional tenants.
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