|Bid||0.0000 x 1400|
|Ask||0.0000 x 3100|
|Day's Range||3.3900 - 4.0500|
|52 Week Range||2.0000 - 43,400.0000|
|Beta (5Y Monthly)||0.88|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.46 (14.33%)|
|Ex-Dividend Date||Apr. 09, 2020|
|1y Target Est||6.10|
Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has priced an underwritten public offering of $1 billion of 9.750% Senior Notes due 2025, guaranteed by certain of DHC’s subsidiaries. The settlement of this offering is expected to occur on June 2, 2020, subject to customary closing conditions.
Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has elected Daniel F. LePage to the Company’s Board as an Independent Trustee, effective immediately. The election is in furtherance of DHC’s previously announced multi-year review of its governance policies and that it was working with executive search firm Korn Ferry to expand and refresh the Board. With the addition of Mr. LePage, DHC’s Board now has six Trustees, including four Independent Trustees, and one third of the Board are women.
Diversified Healthcare Trust (Nasdaq: DHC) today announced the results of its 2020 Annual Meeting of Shareholders which was held earlier today as follows.
Diversified Healthcare Trust (Nasdaq: DHC) announced today that its annual meeting of shareholders scheduled for May 19, 2020 (the "Annual Meeting") will be held by Internet webcast in order to mitigate potential risks to the health and safety of DHC’s shareholders, service providers, personnel and other stakeholders arising from the public health impact of the coronavirus outbreak (COVID-19).
Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its first quarter 2020 financial results before the Nasdaq opens on Thursday, May 7th, 2020. At 10:00 a.m. Eastern Time that morning, President and Chief Operating Officer Jennifer Francis and Chief Financial Officer Richard Siedel will host a conference call to discuss these results.
Diversified Healthcare Trust (Nasdaq:DHC) has completed the previously announced sale of four assets for a combined sales price of approximately $56 million.
Diversified Healthcare Trust (Nasdaq: DHC) today announced that, in response to the operating challenges and uncertainty surrounding the COVID-19 (coronavirus) pandemic and market disruptions, DHC’s Board of Trustees has decided to reduce the Company’s regular quarterly cash dividend on its common shares for the first quarter to $0.01 per share, conserving approximately $33.3 million of cash per calendar quarter. The dividend will be paid to DHC’s common shareholders on record as of the close of business on April 13, 2020 and distributed on or about May 21, 2020. The Company’s Board of Trustees believes the dividend reduction is the most prudent course of action as it continues to monitor the Company’s financial performance and expects to reevaluate the level of any subsequent regular quarterly dividends on a quarterly basis. DHC currently expects that its dividends to its common shareholders in 2020 will be at least equal to the minimum amounts required in order for DHC to remain a real estate investment trust, or REIT, for federal tax purposes.
Diversified Healthcare Trust (Nasdaq: DHC) (formerly known as Senior Housing Properties Trust) today announced its financial results for the quarter and year ended December 31, 2019.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...