Impact Healthcare REIT (LON:IHR) Shares Up 0.2%

Impact Healthcare REIT (LON:IHR) shares traded up 0.2% during mid-day trading on Tuesday . The stock traded as high as GBX 89.12 ($1.13) and last traded at GBX 88.60 ($1.13). 438,517 shares changed hands during trading, a decline of 38% from the average session volume of 711,731 shares. The stock had previously closed at GBX 88.40 ($1.12).

Impact Healthcare REIT Stock Down 2.5 %

The company has a quick ratio of 2.37, a current ratio of 2.54 and a debt-to-equity ratio of 39.36. The firm’s 50-day moving average price is GBX 84.72 and its 200 day moving average price is GBX 85.10. The firm has a market cap of £358.84 million, a P/E ratio of 2,165.00, a price-to-earnings-growth ratio of 1.95 and a beta of 0.33.

Impact Healthcare REIT Increases Dividend

The company also recently declared a dividend, which was paid on Friday, May 17th. Shareholders of record on Thursday, May 2nd were paid a GBX 1.74 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, May 2nd. This represents a dividend yield of 2.08%. This is a positive change from Impact Healthcare REIT’s previous dividend of $1.69. Impact Healthcare REIT’s dividend payout ratio (DPR) is presently 17,500.00%.

Insider Activity

In other Impact Healthcare REIT news, insider Cedi Frederick purchased 11,748 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was bought at an average price of GBX 85 ($1.08) per share, with a total value of £9,985.80 ($12,691.66). Corporate insiders own 8.00% of the company’s stock.

Impact Healthcare REIT Company Profile

Impact Healthcare REIT plc is a specialist and responsible owner of care homes and other healthcare properties across the UK. Elderly care is an essential service and demand for it is high and continues to grow as the UK's population gets older. We work with our tenants so we can grow together and help them care for more people, while continuing to improve our homes for their residents.