Bellevue Healthcare (LON:BBH) Shares Up 1.6%

Bellevue Healthcare (LON:BBH) traded up 1.6% during mid-day trading on Friday . The company traded as high as GBX 153.40 ($2.01) and last traded at GBX 152.80 ($2.00). 2,302,804 shares traded hands during trading, an increase of 53% from the average session volume of 1,506,649 shares. The stock had previously closed at GBX 150.40 ($1.97).

Bellevue Healthcare Stock Performance

The firm has a market cap of £835.28 million and a P/E ratio of 955.00. The firm’s fifty day moving average is GBX 150.40 and its 200 day moving average is GBX 146.85.

Bellevue Healthcare Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 1st were issued a dividend of GBX 2.52 ($0.03) per share. This represents a dividend yield of 1.71%. The ex-dividend date of this dividend was Thursday, August 1st. Bellevue Healthcare’s dividend payout ratio is presently 3,750.00%.

About Bellevue Healthcare

Bellevue Healthcare Trust plc is a closed ended equity mutual fund launched by Bellevue Asset Management AG. The fund is managed by Bellevue Advisors Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across healthcare sector. It seeks to benchmark the performance of its portfolio against the MSCI World Healthcare Index.