Senior Housing Properties Trust (NASDAQ:SNH) had declared a cash dividend of $0.3900 on Jul 12, 2016. The shares will quote ex-dividend on Jul 20, 2016 and the record date has been fixed for Jul 22, 2016. On Jul 12, 2016 share price, the yield comes out to be 7.1396%. The dividend payable date has been fixed on Aug 18, 2016.
In a different note, On Jun 17, 2016, RBC Capital said it Upgrades its rating on Senior Housing Properties Trust. The shares have been rated ‘Outperform’ by the firm.
Senior Housing Properties Trust (SNH) made into the market gainers list on Fridays trading session with the shares advancing 0.82% or 0.18 points. Due to strong positive momentum, the stock ended at $22.07, which is also near the day’s high of $22.09. The stock began the session at $21.87 and the volume stood at 15,21,009 shares. The 52-week high of the shares is $22.1 and the 52 week low is $13.534. The company has a current market capitalization of $5,241 M and it has 23,74,71,560 shares in outstanding.
Senior Housing Properties Trust(SNH) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $258.38M. Analysts had an estimated revenue of $259.02M. Earnings per share were $0.48. Analysts had estimated an EPS of $0.47.
Senior Housing Properties Trust is a real estate investment trust (REIT). The Company operates through four segments. The first segment includes triple net senior living communities that provide short term and long term residential care and dining services for residents. Properties in this segment include leased independent living communities assisted living communities and skilled nursing facilities. The second segment includes managed senior living communities that provide residential care and dining services for residents. Properties in this segment include managed independent living communities and assisted living communities. The third segment includes properties where medical related activities occur but where residential overnight stays and dining services are not provided. Properties in this segment include medical office buildings (MOBs). The fourth segment includes the operating results of certain properties that offer fitness wellness and spa services.