NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) Stock Price Down 1.4% – Here’s What Happened

NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) was down 1.4% during trading on Monday . The stock traded as low as $3.61 and last traded at $3.62. Approximately 26,712 shares were traded during mid-day trading, a decline of 19% from the average daily volume of 33,170 shares. The stock had previously closed at $3.67.

NorthWest Healthcare Properties Real Estate Investment Trust Price Performance

The firm has a 50 day moving average price of $3.90 and a 200 day moving average price of $3.73.

NorthWest Healthcare Properties Real Estate Investment Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be given a dividend of $0.0217 per share. This represents a yield of 6.79%. The ex-dividend date of this dividend is Thursday, October 31st. NorthWest Healthcare Properties Real Estate Investment Trust’s dividend payout ratio (DPR) is presently -154.95%.

About NorthWest Healthcare Properties Real Estate Investment Trust

Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (Northwest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at September 30, 2023, of interests in a diversified portfolio of 229 income-producing properties and 18.2 million square feet of gross leasable area located throughout major markets in Canada, the United States, Brazil, Europe, Australia, and New Zealand.