Primary Health Properties Plc (PHP) to Issue Dividend of GBX 1.73 on November 22nd

Primary Health Properties Plc (LON:PHP) announced a dividend on Thursday, October 3rd, Upcoming.Co.Uk reports. Investors of record on Thursday, October 10th will be paid 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 Performance

Shares of PHP stock opened at GBX 100.94 ($1.32) on Tuesday. Primary Health Properties has a 12 month low of GBX 84.20 ($1.10) and a 12 month high of GBX 109 ($1.43). The company’s fifty day simple moving average is GBX 97.97 and its 200-day simple moving average is GBX 94.86. The firm has a market cap of £1.35 billion, a PE ratio of -10,070.00, a P/E/G ratio of 5.64 and a beta of 0.41. The company has a quick ratio of 0.62, a current ratio of 0.48 and a debt-to-equity ratio of 96.98.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PHP. Berenberg Bank increased 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 reissued a “buy” rating on shares of Primary Health Properties in a research report on Wednesday, July 24th.

About Primary Health Properties

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.