Diversified Healthcare Trust (NASDAQ:DHCNL) Shareholders to Get $0.39 Quarterly Dividend

Diversified Healthcare Trust (NASDAQ:DHCNL) announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Sunday, November 15th will be given a dividend of $0.3906 per share on Tuesday, December 1st. This represents a $1.56 dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Friday, November 13th.

Diversified Healthcare Trust Stock Up 0.9%

Shares of NASDAQ DHCNL opened at $18.75 on Wednesday. The business has a 50-day moving average of $18.44 and a two-hundred day moving average of $18.52. Diversified Healthcare Trust has a 1 year low of $17.00 and a 1 year high of $19.95.

Diversified Healthcare Trust (NASDAQ:DHCNL) is a real estate investment trust that owns and manages healthcare-related properties in the United States. Its portfolio includes life science and medical office buildings, as well as senior living communities and other healthcare-oriented properties.

The company leases space to healthcare providers, medical organizations, life science companies and senior living operators. Its properties are located across multiple U.S. markets and are intended to support a range of healthcare delivery, research and senior care activities.

Founded in 1999 as Senior Housing Properties Trust, the company adopted the Diversified Healthcare Trust name in 2019 as its portfolio expanded beyond senior housing.