Primary Health Properties Plc (PHP) To Go Ex-Dividend on July 4th

Primary Health Properties Plc (LON:PHP) announced a dividend on Thursday, June 27th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 4th will be paid a dividend of GBX 1.73 ($0.02) per share by the real estate investment trust on Friday, August 16th. This represents a dividend yield of 1.91%. The ex-dividend date is Thursday, July 4th. The official announcement can be viewed at this link.

Primary Health Properties Stock Performance

Shares of PHP stock opened at GBX 91.75 ($1.16) on Friday. The company has a debt-to-equity ratio of 93.62, a quick ratio of 0.62 and a current ratio of 0.56. The company has a market capitalization of £1.23 billion, a P/E ratio of 4,587.50, a price-to-earnings-growth ratio of 5.64 and a beta of 0.34. The company’s 50 day moving average price is GBX 93.06 and its two-hundred day moving average price is GBX 94.50. Primary Health Properties has a 52 week low of GBX 84.20 ($1.07) and a 52 week high of GBX 109 ($1.38).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. assumed coverage on shares of Primary Health Properties in a report on Friday, March 1st. They issued a “neutral” rating and a GBX 105 ($1.33) price objective on the stock.

Insider Activity

In other Primary Health Properties news, insider Harry Abraham Hyman acquired 74,890 shares of the stock in a transaction dated Friday, April 5th. The shares were bought at an average cost of GBX 92 ($1.17) per share, for a total transaction of £68,898.80 ($87,401.75). In other news, insider Harry Abraham Hyman bought 74,890 shares of the firm’s stock in a transaction that occurred on Friday, April 5th. The stock was acquired at an average cost of GBX 92 ($1.17) per share, with a total value of £68,898.80 ($87,401.75). Also, insider Richard Howell bought 21,633 shares of the firm’s stock in a transaction that occurred on Wednesday, April 3rd. The stock was purchased at an average cost of GBX 92 ($1.17) per share, with a total value of £19,902.36 ($25,247.19). 2.59% of the stock is owned by corporate insiders.

About Primary Health Properties

Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.