Diversified Healthcare Trust (NASDAQ:DHCNL) Stock Price Down 1.1% – Should You Sell?

Diversified Healthcare Trust (NASDAQ:DHCNLGet Free Report)’s share price dropped 1.1% on Thursday . The company traded as low as $16.52 and last traded at $16.77. Approximately 3,744 shares traded hands during trading, a decline of 76% from the average daily volume of 15,715 shares. The stock had previously closed at $16.95.

Diversified Healthcare Trust Trading Down 1.1%

The stock’s 50-day simple moving average is $16.23 and its two-hundred day simple moving average is $15.92.

Diversified Healthcare Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, June 1st. Shareholders of record on Saturday, May 31st were given a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 9.32%. The ex-dividend date was Friday, May 30th.

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