Shares of Diversified Healthcare Trust – (NASDAQ:DHCNI – Get Free Report) rose 1.9% during trading on Wednesday . The company traded as high as $15.87 and last traded at $15.59. Approximately 369,203 shares traded hands during mid-day trading, an increase of 980% from the average daily volume of 34,173 shares. The stock had previously closed at $15.30.
Diversified Healthcare Trust Stock Up 1.9 %
The firm’s fifty day moving average is $15.27 and its two-hundred day moving average is $14.97.
Diversified Healthcare Trust Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were given a dividend of $0.3516 per share. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $1.41 annualized dividend and a dividend yield of 9.02%. This is a boost from Diversified Healthcare Trust’s previous quarterly dividend of $0.35.
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