DRI Healthcare Trust (TSE:DHT) Rating Increased to Moderate Buy at Raymond James

Raymond James upgraded shares of DRI Healthcare Trust (TSE:DHT) to a moderate buy rating in a research note released on Thursday morning,Zacks.com reports.

Separately, Stifel Canada upgraded DRI Healthcare Trust from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th.

DRI Healthcare Trust Stock Performance

DRI Healthcare Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 20th. Investors of record on Tuesday, December 31st will be issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of ∞. The ex-dividend date is Tuesday, December 31st.

About DRI Healthcare Trust

DHT is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC segment. It operates through its integrated management companies in Monaco, Singapore and Oslo, Norway. You shall recognize it by its business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for its fleet and a transparent corporate structure maintaining a high level of integrity and good governance.