Primary Health Properties Plc (LON:PHP) Declares Dividend of GBX 1.73

Primary Health Properties Plc (LON:PHP) declared a dividend on Thursday, June 27th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 4th will be given 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 seen at this link.

Primary Health Properties Price Performance

LON:PHP opened at GBX 91.39 ($1.16) on Friday. Primary Health Properties has a 52-week low of GBX 84.20 ($1.07) and a 52-week high of GBX 109 ($1.38). The company has a market cap of £1.22 billion, a P/E ratio of 4,570.35, a P/E/G ratio of 5.64 and a beta of 0.34. 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 stock’s 50-day simple moving average is GBX 93.09 and its 200 day simple moving average is GBX 94.57.

Insider Buying and Selling

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

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. initiated coverage on Primary Health Properties in a research report on Friday, March 1st. They set a “neutral” rating and a GBX 105 ($1.33) price target on the stock.

Primary Health Properties Company Profile

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.