Life Healthcare Group (OTCMKTS:LTGHY) Shares Down 1.7% – Here’s What Happened

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) dropped 1.7% during mid-day trading on Monday . The company traded as low as $3.45 and last traded at $3.52. Approximately 57,261 shares changed hands during trading, a decline of 31% from the average daily volume of 83,547 shares. The stock had previously closed at $3.58.

Life Healthcare Group Stock Down 1.7 %

The company’s 50 day simple moving average is $3.75 and its 200 day simple moving average is $3.30.

Life Healthcare Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, January 28th. Investors of record on Friday, January 10th will be paid a dividend of $0.1553 per share. The ex-dividend date is Friday, January 10th. This is an increase from Life Healthcare Group’s previous dividend of $0.07. Life Healthcare Group’s dividend payout ratio (DPR) is presently 17.73%.

Life Healthcare Group Company Profile

Life Healthcare Group Holdings Limited, together with its subsidiaries, operates private hospitals in South Africa, Canada, the United Kingdom, rest of Europe, and Internationally. It operates through two segments, Hospitals and Complementary Services; and Healthcare Services. The company provides range of acute hospitals and complementary services; Life Esidimeni services, such as chronic mental healthcare, frail care rehabilitation, step-down care, correctional services, and primary healthcare and substance abuse recovery programs; and life employee health solutions, including on-site occupational and primary healthcare services and employee wellness programs.