Bellevue Healthcare (LON:BBH) Releases Quarterly Earnings Results

Bellevue Healthcare (LON:BBH) released its quarterly 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 negative return on equity of 4.48% and a net margin of 169.10%.

Bellevue Healthcare Trading Down 0.3 %

Shares of LON:BBH traded down GBX 0.40 ($0.01) during midday trading on Thursday, hitting GBX 126.60 ($1.65). 19,910,104 shares of the stock were exchanged, compared to its average volume of 2,375,205. Bellevue Healthcare has a twelve month low of GBX 123 ($1.60) and a twelve month high of GBX 159 ($2.07). The company has a 50 day moving average price of GBX 139.92 and a 200-day moving average price of GBX 142.24. The stock has a market cap of £312.02 million and a P/E ratio of -19.26.

Bellevue Healthcare Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 1st will be given a GBX 2.52 ($0.03) dividend. This represents a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, May 1st. 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.