Diversified Healthcare Trust – (NASDAQ:DHCNI – Get Free Report) shares rose 1.9% on Wednesday . The stock traded as high as $15.87 and last traded at $15.59. Approximately 369,203 shares changed hands during mid-day trading, an increase of 980% from the average daily volume of 34,173 shares. The stock had previously closed at $15.30.
Diversified Healthcare Trust Price Performance
The stock’s 50 day simple moving average is $15.25 and its two-hundred day simple moving average is $14.98.
Diversified Healthcare Trust Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th were given a $0.3516 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 9.34%. This is a positive change from Diversified Healthcare Trust’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Tuesday, October 15th.
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