Diversified Healthcare Trust (DHC) To Go Ex-Dividend on January 26th

Diversified Healthcare Trust (NASDAQ:DHC) declared a quarterly dividend on Thursday, January 15th. Stockholders of record on Monday, January 26th will be given a dividend of 0.01 per share by the real estate investment trust on Thursday, February 19th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, January 26th.

Diversified Healthcare Trust has decreased its dividend by an average of 0.5%per year over the last three years. Diversified Healthcare Trust has a payout ratio of -5.9% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Diversified Healthcare Trust Trading Up 7.6%

Shares of NASDAQ:DHC opened at $5.92 on Friday. The company has a market cap of $1.43 billion, a PE ratio of -4.05 and a beta of 2.42. The company’s 50-day moving average price is $4.91 and its 200 day moving average price is $4.27. Diversified Healthcare Trust has a fifty-two week low of $2.00 and a fifty-two week high of $6.04. The company has a quick ratio of 16.89, a current ratio of 16.89 and a debt-to-equity ratio of 1.61.

Diversified Healthcare Trust (NASDAQ:DHC) last posted its earnings results on Monday, November 3rd. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.04). The firm had revenue of $388.71 million during the quarter, compared to the consensus estimate of $382.10 million. Diversified Healthcare Trust had a negative return on equity of 18.90% and a negative net margin of 22.90%.

About Diversified Healthcare Trust

Diversified Healthcare Trust is a real estate investment trust (REIT) specializing in the acquisition, ownership and management of healthcare properties across the United States. The company focuses on assets that serve the senior housing and post-acute care sectors, including skilled nursing facilities, assisted living communities, memory care centers and medical office buildings. By partnering with experienced operators, Diversified Healthcare Trust aims to generate stable, long-term cash flows through triple-net leases and percentage rent structures tailored to each property type.

The company’s portfolio spans multiple states and encompasses a mix of single-tenant and multi-tenant properties.