Primary Health Properties Plc to Issue Dividend of GBX 1.73 (LON:PHP)

Primary Health Properties Plc (LON:PHP) declared a dividend on Thursday, October 3rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 10th will be given a dividend of GBX 1.73 ($0.02) per share by the real estate investment trust on Friday, November 22nd. This represents a yield of 1.71%. The ex-dividend date is Thursday, October 10th. The official announcement can be viewed at this link.

Primary Health Properties Stock Up 0.7 %

LON PHP opened at GBX 101.20 ($1.32) on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.48 and a debt-to-equity ratio of 96.98. The company has a fifty day moving average of GBX 98.13 and a two-hundred day moving average of GBX 94.91. The firm has a market capitalization of £1.36 billion, a price-to-earnings ratio of -10,050.00, a PEG ratio of 5.64 and a beta of 0.41. Primary Health Properties has a 52 week low of GBX 84.20 ($1.10) and a 52 week high of GBX 109 ($1.43).

Analyst Ratings Changes

Several research analysts have commented on PHP shares. Berenberg Bank lifted their price objective on shares of Primary Health Properties from GBX 103 ($1.35) to GBX 110 ($1.44) and gave the stock a “buy” rating in a research note on Wednesday, September 18th. Shore Capital reaffirmed a “buy” rating on shares of Primary Health Properties in a research note on Wednesday, July 24th.

Primary Health Properties Company Profile

Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.