Triple Point Social Housing REIT (LON:SOHO) Releases Earnings Results

Triple Point Social Housing REIT (LON:SOHO) announced its earnings results on Tuesday. The company reported GBX 5.40 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Triple Point Social Housing REIT had a return on equity of 5.77% and a net margin of 62.91%.

Triple Point Social Housing REIT Price Performance

Shares of SOHO opened at GBX 59.50 ($0.77) on Tuesday. The company has a 50-day moving average of GBX 58.19 and a two-hundred day moving average of GBX 60.93. The stock has a market cap of £237.29 million, a price-to-earnings ratio of 9.24 and a beta of 0.30. Triple Point Social Housing REIT has a one year low of GBX 54.50 ($0.70) and a one year high of GBX 67 ($0.87).

Triple Point Social Housing REIT Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be paid a dividend of GBX 1.37 ($0.02) per share. This represents a yield of 2.31%. The ex-dividend date of this dividend is Thursday, March 27th. Triple Point Social Housing REIT’s dividend payout ratio is presently 77.67%.

About Triple Point Social Housing REIT

Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment.

We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs.