DRI Healthcare Trust (TSE:DHT) Increases Dividend to $0.12 Per Share

DRI Healthcare Trust (TSE:DHT) announced a quarterly dividend on Monday, May 6th, Zacks reports. Stockholders of record on Sunday, June 30th will be paid a dividend of 0.115 per share on Friday, July 19th. This represents a $0.46 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Friday, June 28th. This is an increase from DRI Healthcare Trust’s previous quarterly dividend of $0.11.

DRI Healthcare Trust Price Performance

DRI Healthcare Trust (TSE:DHT) last posted its quarterly earnings results on Wednesday, February 28th. The company reported C$1.39 earnings per share for the quarter, beating the consensus estimate of C$0.57 by C$0.82. The firm had revenue of C$71.14 million for the quarter, compared to analysts’ expectations of C$44.55 million.

DRI Healthcare Trust Company Profile

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.