Diversified Healthcare Trust (DHCNL) Projected to Post Earnings on Monday

Diversified Healthcare Trust (NASDAQ:DHCNL) will likely be releasing its results before the market opens on Monday, February 23rd. Analysts expect Diversified Healthcare Trust to post earnings of ($0.1750) per share and revenue of $392.8890 million for the quarter.

Diversified Healthcare Trust Stock Performance

NASDAQ:DHCNL opened at $18.18 on Friday. Diversified Healthcare Trust has a one year low of $14.20 and a one year high of $19.51. The business has a fifty day moving average price of $18.22 and a 200-day moving average price of $18.04.

Diversified Healthcare Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Sunday, February 15th will be paid a $0.3819 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.53 annualized dividend and a dividend yield of 8.4%.

Diversified Healthcare Trust is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of net leased healthcare properties in the United States. Headquartered in Newton, Massachusetts, the company focuses on long-term, triple-net leases with creditworthy operators of senior housing, skilled nursing facilities, medical office buildings and life science properties. Its business model centers on generating stable rental income through passive, inflation-protected lease structures.

Since its formation in 2013, Diversified Healthcare Trust has grown its portfolio through targeted acquisitions and selective development partnerships, assembling assets across multiple states and care segments.