Bellevue Healthcare (LON:BBH) Posts Earnings Results

Bellevue Healthcare (LON:BBH) posted its quarterly earnings results on Tuesday. The company reported GBX 0.03 ($0.00) earnings per share (EPS) 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

Bellevue Healthcare stock traded down GBX 0.40 ($0.01) during midday trading on Thursday, reaching GBX 126.60 ($1.65). The company’s stock had a trading volume of 19,910,104 shares, compared to its average volume of 2,375,205. Bellevue Healthcare has a fifty-two week low of GBX 123 ($1.60) and a fifty-two week high of GBX 159 ($2.07). The firm has a market capitalization of £312.02 million and a PE ratio of -19.26. The stock’s 50 day simple moving average is GBX 139.92 and its 200 day simple moving average is GBX 142.24.

Bellevue Healthcare Announces Dividend

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

Bellevue Healthcare Company Profile

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.