DRI Healthcare Trust (TSE:DHT) Senior Officer Buys C$38,564.00 in Stock

DRI Healthcare Trust (TSE:DHT) Senior Officer David Plow purchased 3,100 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was bought at an average cost of C$12.44 per share, with a total value of C$38,564.00.

DRI Healthcare Trust Price Performance

DRI Healthcare Trust Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 20th. Stockholders of record on Tuesday, December 31st will be paid a $0.115 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.46 dividend on an annualized basis and a dividend yield of ∞.

Analyst Ratings Changes

DHT has been the subject of several analyst reports. Stifel Canada upgraded shares of DRI Healthcare Trust from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 12th. Raymond James upgraded shares of DRI Healthcare Trust to a “moderate buy” rating in a research report on Thursday, November 14th.

DRI Healthcare Trust Company Profile

DHT is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC segment. It operates through its integrated management companies in Monaco, Singapore and Oslo, Norway. You shall recognize it by its business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for its fleet and a transparent corporate structure maintaining a high level of integrity and good governance.