Diversified Healthcare Trust (NASDAQ:DHCNI) Trading Up 0.9% – Time to Buy?

Shares of Diversified Healthcare Trust – (NASDAQ:DHCNIGet Free Report) traded up 0.9% during trading on Thursday . The company traded as high as $17.20 and last traded at $17.15. 21,044 shares were traded during trading, an increase of 33% from the average session volume of 15,791 shares. The stock had previously closed at $17.00.

Diversified Healthcare Trust Stock Performance

The business’s 50 day moving average price is $17.21 and its 200 day moving average price is $16.17.

Diversified Healthcare Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, November 1st. Investors of record on Wednesday, October 15th will be paid a $0.3516 dividend. This represents a $1.41 annualized dividend and a yield of 8.2%. The ex-dividend date of this dividend is Wednesday, October 15th.

Further Reading

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