DRI Healthcare Trust (TSE:DHT) Upgraded at Raymond James

Raymond James upgraded shares of DRI Healthcare Trust (TSE:DHT) to a moderate buy rating in a report issued on Thursday,Zacks.com reports.

Separately, Stifel Canada raised shares of DRI Healthcare Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th.

DRI Healthcare Trust Price Performance

DRI Healthcare Trust Cuts Dividend

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

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.