National Healthcare Properties (NASDAQ:NHPBP) Trading Down 0.2% – What’s Next?

Shares of National Healthcare Properties, Inc. (NASDAQ:NHPBPGet Free Report) dropped 0.2% during trading on Wednesday . The company traded as low as $18.97 and last traded at $18.97. Approximately 1,178 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 7,893 shares. The stock had previously closed at $19.01.

National Healthcare Properties Price Performance

The firm’s 50 day moving average price is $18.45 and its 200-day moving average price is $17.80.

National Healthcare Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd were given a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a dividend yield of 9.4%. The ex-dividend date was Friday, January 2nd. This is a positive change from National Healthcare Properties’s previous quarterly dividend of $0.45.

National Healthcare Properties Company Profile

(Get Free Report)

NHP is a $2.6 billion healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings and Senior Housing Operating Properties.

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