National Healthcare Properties, Inc. (NASDAQ:NHP) to Issue Quarterly Dividend of $0.07

by · The Markets Daily

National Healthcare Properties, Inc. (NASDAQ:NHP – Get Free Report) announced a quarterly dividend on Thursday, October 1st. Investors of record on Monday, October 12th will be given a dividend of $0.0750 per share on Friday, October 16th. This represents a $0.30 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, October 9th.

National Healthcare Properties Stock Up 0.5%

Shares of NASDAQ NHP opened at $16.12 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.45. The stock has a 50-day simple moving average of $16.21. National Healthcare Properties has a 52-week low of $11.25 and a 52-week high of $17.46. The company has a market capitalization of $1.18 billion and a PE ratio of -124.00.

National Healthcare Properties (NASDAQ:NHP – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter. The company had revenue of $87.53 million during the quarter. National Healthcare Properties had a negative net margin of 13.04% and a negative return on equity of 6.22%. During the same period in the prior year, the firm posted ($0.85) EPS. As a group, equities research analysts expect that National Healthcare Properties will post 0.7 earnings per share for the current year.

National Healthcare Properties Company Profile

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National Healthcare Properties, Inc was a U.S.-based real estate investment trust focused on healthcare-related properties. The company’s portfolio consisted primarily of income-producing healthcare facilities, including skilled nursing centers, assisted-living communities, and other properties used by healthcare providers.

Its business model was based on acquiring healthcare real estate and leasing those properties to operators under long-term agreements. Through this approach, National Healthcare Properties sought to generate rental income from facilities serving aging and medically dependent populations.

National Healthcare Properties was historically associated with the U.S.

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