DRI Healthcare Trust Plans Quarterly Dividend of $0.12 (TSE:DHT)

DRI Healthcare Trust (TSE:DHT) declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.115 per share on Monday, January 20th. This represents a $0.46 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Tuesday, December 31st.

DRI Healthcare Trust Stock Performance

DRI Healthcare Trust (TSE:DHT) last posted its earnings results on Tuesday, August 6th. The company reported C$0.67 earnings per share for the quarter, topping the consensus estimate of C$0.61 by C$0.06. The firm had revenue of C$56.92 million during the quarter, compared to analyst estimates of C$56.23 million.

Analyst Ratings Changes

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

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.