Diversified Healthcare Trust (NASDAQ:DHCNI) Stock Price Up 1.9% – Still a Buy?

Diversified Healthcare Trust – (NASDAQ:DHCNIGet Free Report) shot up 1.9% on Wednesday . The company traded as high as $15.87 and last traded at $15.59. 369,203 shares were traded during trading, an increase of 980% from the average session volume of 34,173 shares. The stock had previously closed at $15.30.

Diversified Healthcare Trust Trading Up 1.9 %

The company’s fifty day moving average price is $15.27 and its 200-day moving average price is $14.97.

Diversified Healthcare Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th were paid a dividend of $0.3516 per share. This is a boost from Diversified Healthcare Trust’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $1.41 dividend on an annualized basis and a yield of 9.02%.

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