Diversified Healthcare Trust (NASDAQ:DHC) Plans Quarterly Dividend of $0.01

Diversified Healthcare Trust (NASDAQ:DHC) announced a quarterly dividend on Thursday, July 9th. Shareholders of record on Monday, July 20th will be paid a dividend of 0.01 per share by the real estate investment trust on Thursday, August 13th. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, July 20th.

Diversified Healthcare Trust has decreased its dividend payment by an average of 0.4%per year over the last three years. Diversified Healthcare Trust has a payout ratio of -5.9% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Diversified Healthcare Trust to earn $0.76 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 5.3%.

Diversified Healthcare Trust Stock Performance

NASDAQ DHC opened at $9.06 on Friday. Diversified Healthcare Trust has a 1-year low of $3.18 and a 1-year high of $9.66. The company has a 50 day moving average of $8.75 and a 200-day moving average of $7.21. The company has a current ratio of 5.36, a quick ratio of 5.36 and a debt-to-equity ratio of 1.48. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of -6.81 and a beta of 2.28.

Diversified Healthcare Trust (NASDAQ:DHC) last announced its earnings results on Monday, May 4th. The real estate investment trust reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.03). The business had revenue of $366.47 million during the quarter, compared to analyst estimates of $380.18 million. Diversified Healthcare Trust had a negative return on equity of 18.75% and a negative net margin of 21.10%.Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. On average, equities analysts forecast that Diversified Healthcare Trust will post 0.6 earnings per share for the current fiscal year.

Diversified Healthcare Trust Company Profile

Diversified Healthcare Trust is a real estate investment trust (REIT) specializing in the acquisition, ownership and management of healthcare properties across the United States. The company focuses on assets that serve the senior housing and post-acute care sectors, including skilled nursing facilities, assisted living communities, memory care centers and medical office buildings. By partnering with experienced operators, Diversified Healthcare Trust aims to generate stable, long-term cash flows through triple-net leases and percentage rent structures tailored to each property type.

The company’s portfolio spans multiple states and encompasses a mix of single-tenant and multi-tenant properties.