DRI Healthcare Trust (DHT) to Release Earnings on Monday

DRI Healthcare Trust (TSE:DHT) will announce its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of C$0.94 per share for the quarter.

DRI Healthcare Trust (TSE:DHT) last announced its quarterly earnings results on Wednesday, February 28th. The company reported C$1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.57 by C$0.82. The firm had revenue of C$71.14 million for the quarter, compared to analysts’ expectations of C$44.55 million.

DRI Healthcare Trust Price Performance

DRI Healthcare Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Sunday, March 31st were given a dividend of $0.114 per share. This is a positive change from DRI Healthcare Trust’s previous quarterly dividend of $0.10. The ex-dividend date was Wednesday, March 27th. This represents a $0.46 dividend on an annualized basis and a dividend yield of ∞.

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.