Impact Healthcare REIT (LON:IHR) Increases Dividend to GBX 1.74 Per Share

Impact Healthcare REIT (LON:IHR) announced a dividend on Thursday, April 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 2nd will be paid a dividend of GBX 1.74 ($0.02) per share on Friday, May 17th. This represents a yield of 2.08%. The ex-dividend date is Thursday, May 2nd. This is a positive change from Impact Healthcare REIT’s previous dividend of $1.69. The official announcement can be accessed at this link.

Impact Healthcare REIT Stock Performance

Shares of Impact Healthcare REIT stock opened at GBX 85 ($1.05) on Thursday. The business has a 50-day simple moving average of GBX 82.60 and a 200-day simple moving average of GBX 84.42. The company has a debt-to-equity ratio of 39.36, a quick ratio of 2.37 and a current ratio of 2.54. Impact Healthcare REIT has a one year low of GBX 77.10 ($0.95) and a one year high of GBX 102.85 ($1.27). The company has a market cap of £352.21 million, a PE ratio of 2,090.00, a P/E/G ratio of 1.95 and a beta of 0.33.

Insider Buying and Selling

In other news, insider Amanda Aldridge acquired 20,000 shares of the company’s stock in a transaction on Wednesday, January 31st. The shares were bought at an average cost of GBX 86 ($1.06) per share, with a total value of £17,200 ($21,245.06). 8.00% of the stock is owned by insiders.

About Impact Healthcare REIT

Impact Healthcare REIT plc is a specialist and responsible owner of care homes and other healthcare properties across the UK. Elderly care is an essential service and demand for it is high and continues to grow as the UK's population gets older. We work with our tenants so we can grow together and help them care for more people, while continuing to improve our homes for their residents.