Target Healthcare REIT (LON:THRL) to Issue GBX 1.43 Dividend

Target Healthcare REIT (LON:THRL) announced a dividend on Tuesday, August 6th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 15th will be given a dividend of GBX 1.43 ($0.02) per share on Friday, August 30th. This represents a yield of 1.84%. The ex-dividend date is Thursday, August 15th. The official announcement can be viewed at this link.

Target Healthcare REIT Price Performance

Shares of Target Healthcare REIT stock opened at GBX 81.17 ($1.04) on Wednesday. The company’s fifty day simple moving average is GBX 80.14 and its two-hundred day simple moving average is GBX 80.17. Target Healthcare REIT has a 12-month low of GBX 66.30 ($0.85) and a 12-month high of GBX 88.90 ($1.14). The firm has a market cap of £503.46 million, a PE ratio of 888.89, a price-to-earnings-growth ratio of 1.48 and a beta of 0.38. The company has a quick ratio of 1.52, a current ratio of 1.43 and a debt-to-equity ratio of 37.57.

Target Healthcare REIT Company Profile

UK listed Target Healthcare REIT plc (THRL) is an externally managed Real Estate Investment Trust which provides shareholders with an attractive level of income, together with the potential for capital and income growth, from investing in a diversified portfolio of modern, purpose-built care homes. The Group's portfolio at 31 December 2023 comprised 98 assets let to 32 tenants with a total value of £911.1 million.