Target Healthcare REIT (THRL) to Issue Dividend of GBX 1.47 on November 29th

Target Healthcare REIT (LON:THRL) announced a dividend on Tuesday, October 29th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 14th will be given a dividend of GBX 1.47 ($0.02) per share on Friday, November 29th. This represents a yield of 1.64%. The ex-dividend date is Thursday, November 14th. This is a boost from Target Healthcare REIT’s previous dividend of $1.43. The official announcement can be seen at this link.

Target Healthcare REIT Stock Performance

LON:THRL opened at GBX 87.90 ($1.13) on Tuesday. Target Healthcare REIT has a twelve month low of GBX 75 ($0.97) and a twelve month high of GBX 93.10 ($1.20). The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 34.92. The stock has a market cap of £545.19 million, a P/E ratio of 730.83, a PEG ratio of 1.48 and a beta of 0.44. The business’s 50-day moving average price is GBX 88.61 and its two-hundred day moving average price is GBX 83.44.

Target Healthcare REIT Company Profile

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.