Diversified Healthcare Trust – (NASDAQ:DHCNI – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $17.74 and traded as high as $17.94. Diversified Healthcare Trust shares last traded at $17.80, with a volume of 85,976 shares changing hands.
Diversified Healthcare Trust Trading Down 3.2%
The firm has a fifty day moving average price of $17.57 and a 200-day moving average price of $17.74.
Diversified Healthcare Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Sunday, November 1st. Stockholders of record on Thursday, October 15th will be given a $0.3516 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.41 annualized dividend and a dividend yield of 8.2%.
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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