Primary Health Properties PLC (LON:PHP) announced a dividend on Thursday, October 6th. Stockholders of record on Thursday, October 13th will be paid a dividend of GBX 1.28 ($0.02) per share by the real estate investment trust on Friday, November 25th. This represents a dividend yield of 1.15%. The ex-dividend date is Thursday, October 13th. The official announcement can be viewed at this link.
Shares of Primary Health Properties PLC (LON:PHP) traded down 1.33% during mid-day trading on Thursday, hitting GBX 111.25. The stock had a trading volume of 864,435 shares. The company’s market cap is GBX 664.35 million. Primary Health Properties PLC has a 12 month low of GBX 98.54 and a 12 month high of GBX 114.50. The stock’s 50-day moving average is GBX 0.95 and its 200 day moving average is GBX 0.93.
PHP has been the topic of a number of research analyst reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 125 ($1.63) price target on shares of Primary Health Properties PLC in a report on Wednesday, July 20th. Liberum Capital reissued a “hold” rating and issued a GBX 112 ($1.46) target price on shares of Primary Health Properties PLC in a report on Wednesday, July 27th.
About Primary Health Properties PLC
Primary Health Properties PLC (PHP) is a United Kingdom-based real estate investment trust (REIT). The principal activity of the Company is the investment in primary healthcare property in the United Kingdom and the Republic of Ireland. It specializes in the ownership of freehold or long leasehold interests in purpose-built healthcare facilities, which are leased to general practitioners, National Health Service (NHS) organizations and other associated healthcare users.
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