Life Healthcare Group (OTCMKTS:LTGHY) Trading Down 0.2% – What’s Next?

Shares of Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) traded down 0.2% on Wednesday . The company traded as low as $2.97 and last traded at $3.22. 28,701 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 146,378 shares. The stock had previously closed at $3.22.

Life Healthcare Group Stock Down 0.2 %

The firm has a 50 day moving average price of $3.41 and a 200-day moving average price of $3.48.

Life Healthcare Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 28th. Shareholders of record on Friday, January 10th were paid a dividend of $0.1553 per share. This is a boost from Life Healthcare Group’s previous dividend of $0.07. The ex-dividend date of this dividend was Friday, January 10th. Life Healthcare Group’s payout ratio is presently 17.73%.

About Life Healthcare Group

Life Healthcare Group Holdings Limited, together with its subsidiaries, operates private hospitals in South Africa, Canada, the United Kingdom, rest of Europe, and Internationally. It operates through two segments, Hospitals and Complementary Services; and Healthcare Services. The company provides range of acute hospitals and complementary services; Life Esidimeni services, such as chronic mental healthcare, frail care rehabilitation, step-down care, correctional services, and primary healthcare and substance abuse recovery programs; and life employee health solutions, including on-site occupational and primary healthcare services and employee wellness programs.