Target Healthcare REIT PLC (LON:THRL) Announces Dividend of GBX 1.69

Target Healthcare REIT PLC (LON:THRLGet Rating) declared a dividend on Thursday, May 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 12th will be given a dividend of GBX 1.69 ($0.02) per share on Friday, May 27th. This represents a yield of 1.55%. The ex-dividend date of this dividend is Thursday, May 12th. The official announcement can be viewed at this link.

Target Healthcare REIT stock opened at GBX 111.75 ($1.40) on Thursday. The stock has a market cap of ¬£693.11 million and a price-to-earnings ratio of 12.55. The company has a current ratio of 3.43, a quick ratio of 2.22 and a debt-to-equity ratio of 31.85. The company’s 50-day moving average price is GBX 111.87 and its two-hundred day moving average price is GBX 114.25. Target Healthcare REIT has a 52 week low of GBX 103.80 ($1.30) and a 52 week high of GBX 126 ($1.57).

Separately, Berenberg Bank cut shares of Target Healthcare REIT to a “hold” rating and lowered their target price for the company from GBX 130 ($1.62) to GBX 120 ($1.50) in a research note on Wednesday, April 6th.

About Target Healthcare REIT (Get Rating)

Target Healthcare REIT provide a range of tailored funding solutions to support operators to increase the provision of modern, purpose-built care homes across the UK.

Further Reading

Dividend History for Target Healthcare REIT (LON:THRL)

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