Diversified Healthcare Trust (NASDAQ:DHCNL) Trading Down 0.2% – Time to Sell?

Shares of Diversified Healthcare Trust (NASDAQ:DHCNL) traded down 0.2% during trading on Monday . The stock traded as low as $17.81 and last traded at $17.92. 23,833 shares were traded during trading, an increase of 108% from the average session volume of 11,451 shares. The stock had previously closed at $17.95.

Diversified Healthcare Trust Trading Down 0.2%

The company’s 50-day moving average is $18.10 and its 200-day moving average is $16.94.

Diversified Healthcare Trust (NASDAQ:DHCNL) last announced its earnings results on Monday, June 2nd. The company reported $0.01 earnings per share for the quarter. The company had revenue of $370.78 million during the quarter.

Diversified Healthcare Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 1st. Stockholders of record on Friday, August 15th were paid a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend was Friday, August 15th.