Diversified Healthcare Trust (DHCNL) to Issue Quarterly Dividend of $0.38 on March 1st

Diversified Healthcare Trust (NASDAQ:DHCNL) declared a quarterly dividend on Friday, January 1st. Investors of record on Sunday, February 15th will be paid a dividend of 0.3819 per share on Sunday, March 1st. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Friday, February 13th.

Diversified Healthcare Trust Stock Performance

Diversified Healthcare Trust stock traded down $0.03 during trading hours on Wednesday, reaching $18.48. 13,547 shares of the company’s stock were exchanged, compared to its average volume of 11,569. The firm’s 50 day simple moving average is $18.16 and its 200 day simple moving average is $17.98. Diversified Healthcare Trust has a twelve month low of $14.20 and a twelve month high of $19.51.

Diversified Healthcare Trust is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of net leased healthcare properties in the United States. Headquartered in Newton, Massachusetts, the company focuses on long-term, triple-net leases with creditworthy operators of senior housing, skilled nursing facilities, medical office buildings and life science properties. Its business model centers on generating stable rental income through passive, inflation-protected lease structures.

Since its formation in 2013, Diversified Healthcare Trust has grown its portfolio through targeted acquisitions and selective development partnerships, assembling assets across multiple states and care segments.