Bellevue Healthcare (LON:BBH) Releases Earnings Results

Bellevue Healthcare (LON:BBH) announced its quarterly earnings results on Tuesday. The company reported GBX 0.03 ($0.00) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Bellevue Healthcare had a negative return on equity of 4.48% and a net margin of 169.10%.

Bellevue Healthcare Price Performance

Bellevue Healthcare stock traded down GBX 0.20 ($0.00) during mid-day trading on Thursday, reaching GBX 126.80 ($1.65). 20,571,180 shares of the stock traded hands, compared to its average volume of 2,387,010. The stock has a market capitalization of £312.51 million and a PE ratio of -19.29. Bellevue Healthcare has a 12-month low of GBX 123 ($1.60) and a 12-month high of GBX 159 ($2.07). The business’s 50-day moving average is GBX 139.92 and its 200-day moving average is GBX 142.24.

Bellevue Healthcare Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 1st will be given a dividend of GBX 2.52 ($0.03) per share. This represents a yield of 2.01%. The ex-dividend date of this dividend is Thursday, May 1st. Bellevue Healthcare’s dividend payout ratio (DPR) is presently -91.26%.

Bellevue Healthcare Company Profile

Bellevue Healthcare Trust plc is a high conviction, long-only investment trust invested in listed or quoted global healthcare equities. It is unconstrained and able to invest regardless of market cap, sub sector or region, and the portfolio is concentrated with a maximum of 35 holdings. The target total dividend in the first financial period is 3.5 pence per ordinary share (to be paid mostly out of capital) and in subsequent financial years will be set at 3.5 per cent.