Bellevue Healthcare (LON:BBH) Issues Quarterly Earnings Results

Bellevue Healthcare (LON:BBH) announced its earnings results on Tuesday. The company reported GBX 0.03 ($0.00) earnings per share for the quarter, Digital Look Earnings reports. Bellevue Healthcare had a net margin of 169.10% and a negative return on equity of 4.48%.

Bellevue Healthcare Stock Performance

LON:BBH opened at GBX 125.73 ($1.63) on Wednesday. The stock has a 50-day simple moving average of GBX 140.37 and a 200 day simple moving average of GBX 142.46. Bellevue Healthcare has a 52-week low of GBX 123 ($1.60) and a 52-week high of GBX 159 ($2.07). The company has a market cap of £309.88 million and a PE ratio of -19.12.

Bellevue Healthcare Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 1st will be given a dividend of GBX 2.52 ($0.03) per share. The ex-dividend date is Thursday, May 1st. This represents a dividend yield of 2.01%. Bellevue Healthcare’s dividend payout ratio is currently -91.26%.

About Bellevue Healthcare

Bellevue Healthcare Trust plc is a high conviction, long-only investment trust invested in listed or quoted global healthcare equities. It is unconstrained and able to invest regardless of market cap, sub sector or region, and the portfolio is concentrated with a maximum of 35 holdings. The target total dividend in the first financial period is 3.5 pence per ordinary share (to be paid mostly out of capital) and in subsequent financial years will be set at 3.5 per cent.