Bellevue Healthcare (LON:BBH) Releases Quarterly Earnings Results

Bellevue Healthcare (LON:BBH) announced its earnings results on Tuesday. The company reported GBX 0.03 ($0.00) EPS 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 Price Performance

Shares of BBH traded up GBX 0.01 ($0.00) on Thursday, hitting GBX 127.01 ($1.65). The company’s stock had a trading volume of 19,931,596 shares, compared to its average volume of 2,375,589. The company has a market capitalization of £313.03 million and a PE ratio of -19.32. 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 company has a 50 day moving average price of GBX 139.92 and a 200 day moving average price of GBX 142.24.

Bellevue Healthcare Dividend Announcement

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