NEWTON, Mass.--(BUSINESS WIRE)-- Senior Housing Properties Trust (Nasdaq: SNH) today announced that it has completed the sale of four assets for a total of $58 million. The sales include: A 205,439 square foot property located at 77 Corporate Drive, Bridgewater, NJ for $47.5 million. A portfolio of three senior living communities with a combined 361 units located in South Dakota for $10.5 million. The sales were part of SNH’s previously announced disposition plan to sell up to $900 million of assets in connection with the restructuring of its business arrangements with Five Star Senior Living Inc. SNH expects to use the proceeds from these sales to repay debt and for general business purposes. https://www.snhreit.com/news/press-...Assets-for-a-Combined-58-Million/default.aspx
Senior Housing Properties Trust (SNH) today announced a regular quarterly cash distribution on its common shares of $0.15 per common share ($0.60 per share per year). This quarterly dividend will be paid to common shareholders of record as of the close of business on October 28, 2019 and distributed on or about November 14, 2019. https://uk.finance.yahoo.com/news/senior-housing-properties-trust-announces-120000374.html
Senior Housing Properties Trust (Nasdaq: SNH), today announced that it will change its name to "Diversified Healthcare Trust" effective January 1, 2020 at 12:02 a.m. SNH’s common shares will continue to be listed for trading on the Nasdaq, but under the new ticker symbol "DHC" beginning as of the opening of trading on January 2, 2020. The company’s new website will be www.dhcreit.com. https://uk.finance.yahoo.com/news/senior-housing-properties-trust-announces-211500041.html
See post #23. DHC is the new symbol. I would consider punching the doctor in the nose. It goes on the new exchange 12/19.
