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

Target Healthcare REIT (LON:THRL) declared 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 dividend yield of 1.84%. The ex-dividend date is Thursday, August 15th. The official announcement can be seen at this link.

Target Healthcare REIT Trading Up 1.5 %

LON:THRL opened at GBX 81.17 ($1.04) on Wednesday. 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 company has a current ratio of 1.43, a quick ratio of 1.52 and a debt-to-equity ratio of 37.57. The stock has a market capitalization of £503.46 million, a price-to-earnings ratio of 888.89, a PEG ratio of 1.48 and a beta of 0.38. The firm has a fifty day simple moving average of GBX 80.14 and a two-hundred day simple moving average of GBX 80.17.

About Target Healthcare REIT

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.