Primary Health Properties PLC (LON:PHP) to Issue Dividend of GBX 1.40

Primary Health Properties PLC (LON:PHP) declared a dividend on Thursday, October 3rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 10th will be paid a dividend of GBX 1.40 ($0.02) per share by the real estate investment trust on Friday, November 22nd. This represents a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, October 10th. The official announcement can be accessed at this link.

Shares of Primary Health Properties stock traded up GBX 1 ($0.01) during trading on Thursday, reaching GBX 132.60 ($1.73). 1,547,146 shares of the stock traded hands, compared to its average volume of 821,202. The company has a market capitalization of $1.61 billion and a price-to-earnings ratio of -15.60. The business has a fifty day simple moving average of GBX 134.58 and a two-hundred day simple moving average of GBX 121.11. The company has a debt-to-equity ratio of 106.19, a current ratio of 0.20 and a quick ratio of 0.20. Primary Health Properties has a 52-week low of GBX 106.40 ($1.39) and a 52-week high of GBX 139.80 ($1.83).

A number of research analysts have recently weighed in on the company. Peel Hunt restated an “add” rating on shares of Primary Health Properties in a research report on Thursday, September 26th. Liberum Capital restated a “hold” rating on shares of Primary Health Properties in a research report on Tuesday, September 24th.

About Primary Health Properties

Primary Health Properties PLC (“PHP”) is a UK Real Estate Investment Trust (“REIT”) and the leading investor in modern primary healthcare premises. The objective of the Group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieves this by investing in healthcare real estate in the UK and Ireland let on long term leases backed by a secure underlying covenant funded mostly by government bodies.

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Dividend History for Primary Health Properties (LON:PHP)

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