Target Healthcare REIT PLC Plans Dividend of GBX 1.43 (LON:THRL)

Target Healthcare REIT PLC (LON:THRL) announced a dividend on Thursday, May 9th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 16th will be paid a dividend of GBX 1.43 ($0.02) per share on Friday, May 31st. This represents a dividend yield of 1.79%. The ex-dividend date of this dividend is Thursday, May 16th. The official announcement can be accessed at this link.

Target Healthcare REIT Trading Up 1.7 %

Shares of Target Healthcare REIT stock opened at GBX 80.95 ($1.02) on Thursday. The company has a debt-to-equity ratio of 37.57, a current ratio of 1.43 and a quick ratio of 1.52. Target Healthcare REIT has a 1 year low of GBX 66.30 ($0.83) and a 1 year high of GBX 88.90 ($1.12). The firm has a market cap of £502.08 million, a PE ratio of 884.44, a PEG ratio of 1.48 and a beta of 0.38. The company has a 50 day simple moving average of GBX 79.82 and a two-hundred day simple moving average of GBX 81.25.

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.