Diversified Healthcare Trust – (NASDAQ:DHCNI) to Issue $0.35 Quarterly Dividend

Diversified Healthcare Trust – (NASDAQ:DHCNI) announced a quarterly dividend on Friday, January 1st, NASDAQ Dividends reports. Shareholders of record on Thursday, January 15th will be given a dividend of 0.3516 per share on Sunday, February 1st. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Thursday, January 15th.

Diversified Healthcare Trust Stock Performance

Shares of NASDAQ DHCNI traded up $0.12 during mid-day trading on Tuesday, reaching $16.97. The company’s stock had a trading volume of 12,299 shares, compared to its average volume of 17,208. Diversified Healthcare Trust has a 52 week low of $12.79 and a 52 week high of $18.29. The stock has a fifty day moving average of $16.87 and a two-hundred day moving average of $16.86.

Diversified Healthcare Trust (NASDAQ: DHCNI) is a publicly traded real estate investment trust (REIT) specializing in healthcare and life science properties. The company’s primary business activities include the acquisition, development, ownership and management of net‐leased medical office buildings, senior housing facilities and life science research and development assets. In addition to property investments, Diversified Healthcare Trust holds mortgage loans and preferred equity interests in the healthcare sector, offering diversified exposure to both real estate and structured financing arrangements.

The company’s portfolio spans a broad range of healthcare asset types, including medical office buildings leased to health systems and physician groups, senior living communities operated by leading care providers, and life science campuses serving biotechnology and pharmaceutical companies.