Impact Healthcare REIT (LON:IHR) Announces GBX 1.74 Dividend

Impact Healthcare REIT (LON:IHR) announced a dividend on Wednesday, July 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 1st will be given a dividend of GBX 1.74 ($0.02) per share on Friday, August 16th. This represents a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, August 1st. The official announcement can be seen at this link.

Impact Healthcare REIT Price Performance

Shares of Impact Healthcare REIT stock opened at GBX 89.17 ($1.15) on Tuesday. The company has a debt-to-equity ratio of 39.36, a current ratio of 2.54 and a quick ratio of 2.37. Impact Healthcare REIT has a fifty-two week low of GBX 77.10 ($0.99) and a fifty-two week high of GBX 95.70 ($1.23). The firm has a fifty day moving average price of GBX 86.74 and a two-hundred day moving average price of GBX 84.92. The company has a market cap of £369.50 million, a PE ratio of 2,235.00, a price-to-earnings-growth ratio of 1.95 and a beta of 0.33.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 114 ($1.47) price target on shares of Impact Healthcare REIT in a report on Tuesday, July 2nd.

Impact Healthcare REIT Company Profile

Impact Healthcare REIT plc is a specialist and responsible owner of care homes and other healthcare properties across the UK. Elderly care is an essential service and demand for it is high and continues to grow as the UK's population gets older. We work with our tenants so we can grow together and help them care for more people, while continuing to improve our homes for their residents.