Triple Point Social Housing REIT (LON:SOHO) Trading Up 1.2%

Triple Point Social Housing REIT (LON:SOHO) was up 1.2% during mid-day trading on Thursday . The stock traded as high as GBX 61 ($0.76) and last traded at GBX 61 ($0.76). Approximately 233,375 shares changed hands during trading, a decline of 55% from the average daily volume of 520,541 shares. The stock had previously closed at GBX 60.30 ($0.75).

Triple Point Social Housing REIT Price Performance

The firm’s 50-day moving average price is GBX 58.88 and its 200-day moving average price is GBX 58.84. The company has a current ratio of 13.61, a quick ratio of 10.82 and a debt-to-equity ratio of 59.97. The stock has a market capitalization of £239.62 million, a PE ratio of 1,522.50 and a beta of 0.27.

Triple Point Social Housing REIT Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 14th were given a dividend of GBX 1.37 ($0.02) per share. This represents a dividend yield of 2.36%. The ex-dividend date was Thursday, March 14th. Triple Point Social Housing REIT’s dividend payout ratio is 12,500.00%.

About Triple Point Social Housing REIT

Triple Point Social Housing REIT plc (the "Company") is a Real Estate Investment Trust ("REIT") incorporated in England and Wales under the Companies Act 2006 as a public company limited by shares on 12 June 2017. The address of the registered office is 1 King William Street, London, United Kingdom, EC4N 7AF.