Diversified Healthcare Trust (NASDAQ:DHCNL – Get Free Report) shares dropped 1.6% on Thursday . The stock traded as low as $14.21 and last traded at $14.40. Approximately 8,020 shares traded hands during trading, a decline of 42% from the average daily volume of 13,781 shares. The stock had previously closed at $14.63.
Diversified Healthcare Trust Price Performance
The business’s fifty day moving average is $15.34 and its two-hundred day moving average is $15.19.
Diversified Healthcare Trust Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were issued a $0.3906 dividend. This represents a $1.56 annualized dividend and a yield of 10.73%. This is an increase from Diversified Healthcare Trust’s previous quarterly dividend of $0.39. The ex-dividend date was Wednesday, February 14th.
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