Raymond James Upgrades DRI Healthcare Trust (TSE:DHT) to “Moderate Buy”

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 upgraded DRI Healthcare Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th.

DRI Healthcare Trust Stock Performance

DRI Healthcare Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 20th. Investors of record on Tuesday, December 31st will be given a dividend of $0.115 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.46 annualized dividend 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.