DRI Healthcare Trust (TSE:DHT – Get Free Report) declared a quarterly dividend on Tuesday, August 6th, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.117 per share on Friday, October 18th. This represents a $0.47 annualized dividend and a dividend yield of ∞. The ex-dividend date is Monday, September 30th. This is a positive change from DRI Healthcare Trust’s previous quarterly dividend of $0.12.
DRI Healthcare Trust Price Performance
DRI Healthcare Trust (TSE:DHT – Get Free Report) last released its quarterly earnings results on Monday, May 6th. The company reported C$0.57 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.09). The firm had revenue of C$56.71 million for the quarter, compared to analyst estimates of C$55.13 million.
Analyst Ratings Changes
Several research firms recently weighed in on DHT. Stifel Canada downgraded shares of DRI Healthcare Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, July 8th. Raymond James downgraded shares of DRI Healthcare Trust from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, July 8th. Finally, Scotiabank raised shares of DRI Healthcare Trust to a “strong-buy” rating in a report on Friday, June 14th.
DRI Healthcare Trust Company Profile
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.
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