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Senior Housing Properties Trust Keeps Dividend Steady

By Eric Volkman - Apr 2, 2013 at 8:39PM

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The specialty REIT will send its next payout to shareholders in May.

Senior Housing Properties Trust (DHC -2.19%) is maintaining its recent dividend policy. The firm announced that it will distribute $0.39 per share of its common stock on or about May 21 to shareholders of record as of April 17. That amount matches the company's previous two disbursements, the most recent of which was handed out in mid-January. Prior to that, Senior Housing paid $0.38 per share.

In recent times, Senior Housing Properties Trust has tended to increase its dividend on an annual basis, albeit incrementally. Since 2000, each raise has been by $0.01 per share.

The current dividend annualizes to $1.56 per share, which yields 5.8% on the company's most recent closing stock price of $26.77.

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