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SNH - An Analysis Of Senior Housing Properties Trust Senior Notes 2046
Senior Housing Properties Trust
Senior Housing Properties Trust Senior Notes 2046
Senior Housing Properties Trust (SNH) declined sharply earlier in the month as investors reacted to the company announcement that outlined the possibility of a dividend cut. On April 18, Senior Housing Properties declared a quarterly dividend of $0.15 per share, a staggering 61.5% decline from the prior dividend of $0.39 per share.
Along with the common shares, Senior Housing Properties Trust Senior Notes 2046 (SNHNL) declined sharply as the creditworthiness of the REIT deteriorated in the minds of investors. SNHNL does not provide a