Life Healthcare Group (OTCMKTS:LTGHY) Trading 1.2% Higher – Here’s What Happened

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY)’s share price rose 1.2% during mid-day trading on Wednesday . The stock traded as high as $3.51 and last traded at $3.40. Approximately 31,710 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 237,717 shares. The stock had previously closed at $3.36.

Life Healthcare Group Stock Up 1.2 %

The stock’s 50 day moving average price is $3.57 and its two-hundred day moving average price is $3.43.

Life Healthcare Group Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 28th. Shareholders of record on Friday, January 10th were given a $0.1553 dividend. This is a positive change from Life Healthcare Group’s previous dividend of $0.07. The ex-dividend date was Friday, January 10th. Life Healthcare Group’s dividend payout ratio (DPR) is currently 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.