Target Healthcare REIT PLC (LON:THRL) to Issue Dividend of GBX 1.43

Target Healthcare REIT PLC (LON:THRL) announced a dividend on Thursday, May 9th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 16th will be paid a dividend of GBX 1.43 ($0.02) per share on Friday, May 31st. This represents a dividend yield of 1.79%. The ex-dividend date is Thursday, May 16th. The official announcement can be seen at this link.

Target Healthcare REIT Stock Performance

LON THRL opened at GBX 82.40 ($1.04) on Friday. The company has a debt-to-equity ratio of 37.57, a quick ratio of 1.52 and a current ratio of 1.43. The company has a market capitalization of £511.08 million, a PE ratio of 900.00, a price-to-earnings-growth ratio of 1.48 and a beta of 0.38. Target Healthcare REIT has a 52-week low of GBX 66.30 ($0.83) and a 52-week high of GBX 88.90 ($1.12). The company has a 50-day simple moving average of GBX 79.88 and a 200 day simple moving average of GBX 81.25.

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.