Primary Health Properties Plc (PHP) to Issue Dividend of GBX 1.78 on February 21st

Primary Health Properties Plc (LON:PHP) announced a dividend on Thursday, January 2nd,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 9th will be given a dividend of GBX 1.78 ($0.02) per share by the real estate investment trust on Friday, February 21st. This represents a yield of 1.9%. The ex-dividend date of this dividend is Thursday, January 9th. This is a positive change from Primary Health Properties’s previous dividend of $1.73. The official announcement can be accessed at this link.

Primary Health Properties Stock Up 0.1 %

Shares of Primary Health Properties stock opened at GBX 92.35 ($1.16) on Tuesday. Primary Health Properties has a 1-year low of GBX 86.25 ($1.08) and a 1-year high of GBX 105.50 ($1.32). The company has a market capitalization of £1.24 billion, a PE ratio of -9,235.40, a P/E/G ratio of 5.64 and a beta of 0.41. The company has a debt-to-equity ratio of 96.98, a current ratio of 0.48 and a quick ratio of 0.62. The business has a 50-day moving average of GBX 93.80 and a 200-day moving average of GBX 95.60.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Shore Capital reaffirmed a “buy” rating on shares of Primary Health Properties in a research report on Wednesday, October 16th. Berenberg Bank upped their price target on shares of Primary Health Properties from GBX 103 ($1.29) to GBX 110 ($1.38) and gave the company a “buy” rating in a report on Wednesday, September 18th.

About Primary Health Properties

Primary Health Properties plc is a leading investor in modern primary healthcare properties. The Company acquires or forward funds the development of modern, purpose-built premises that are leased to GP’s, government healthcare bodies, pharmacies and other providers of related healthcare services.