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

Primary Health Properties Plc (LON:PHP) declared a dividend on Thursday, October 3rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 10th will be given 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 accessed at this link.

Primary Health Properties Stock Performance

Shares of LON:PHP opened at GBX 101.90 ($1.36) on Friday. The firm has a fifty day moving average of GBX 97.97 and a two-hundred day moving average of GBX 94.82. The company has a quick ratio of 0.62, a current ratio of 0.48 and a debt-to-equity ratio of 96.98. Primary Health Properties has a 12-month low of GBX 84.20 ($1.13) and a 12-month high of GBX 109 ($1.46). The firm has a market capitalization of £1.37 billion, a P/E ratio of -10,190.00, a price-to-earnings-growth ratio of 5.64 and a beta of 0.41.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Shore Capital reissued a “buy” rating on shares of Primary Health Properties in a research report on Wednesday, July 24th. Berenberg Bank lifted their price target on Primary Health Properties from GBX 103 ($1.38) to GBX 110 ($1.47) and gave the company a “buy” rating in a report on Wednesday, September 18th.

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.