Triple Point Social Housing REIT (LON:SOHO) Hits New 1-Year Low – Here’s What Happened

Shares of Triple Point Social Housing REIT plc (LON:SOHO) reached a new 52-week low on Wednesday . The company traded as low as GBX 43.07 ($0.55) and last traded at GBX 61.56 ($0.79), with a volume of 1067683 shares changing hands. The stock had previously closed at GBX 63.20 ($0.81).

Triple Point Social Housing REIT Stock Performance

The company has a debt-to-equity ratio of 58.68, a current ratio of 12.24 and a quick ratio of 10.82. The stock has a market cap of £242.22 million, a P/E ratio of 682.22 and a beta of 0.30. The company has a 50 day simple moving average of GBX 64.59 and a 200-day simple moving average of GBX 61.17.

Triple Point Social Housing REIT Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, September 19th were paid a dividend of GBX 1.37 ($0.02) per share. This represents a dividend yield of 2.09%. The ex-dividend date was Thursday, September 19th. Triple Point Social Housing REIT’s dividend payout ratio (DPR) is presently 5,555.56%.

About Triple Point Social Housing REIT

Triple Point Social Housing REIT plc (the "Company") is a Real Estate Investment Trust ("REIT") incorporated in England and Wales under the Companies Act 2006 as a public company limited by shares on 12 June 2017. The address of the registered office is 1 King William Street, United Kingdom, EC4N 7AF.