NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) Shares Down 2.5% – Should You Sell?

NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF)’s stock price dropped 2.5% during trading on Wednesday . The company traded as low as $3.09 and last traded at $3.12. Approximately 9,533 shares changed hands during trading, a decline of 70% from the average daily volume of 31,347 shares. The stock had previously closed at $3.20.

NorthWest Healthcare Properties Real Estate Investment Trust Trading Down 2.5 %

The company’s 50-day moving average is $3.36 and its two-hundred day moving average is $3.63.

NorthWest Healthcare Properties Real Estate Investment Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a $0.0211 dividend. This represents a dividend yield of 8.14%. The ex-dividend date of this dividend is Tuesday, December 31st. NorthWest Healthcare Properties Real Estate Investment Trust’s payout ratio is -154.95%.

About NorthWest Healthcare Properties Real Estate Investment Trust

Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (Northwest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at September 30, 2023, of interests in a diversified portfolio of 229 income-producing properties and 18.2 million square feet of gross leasable area located throughout major markets in Canada, the United States, Brazil, Europe, Australia, and New Zealand.