The market has been selling Japara Healthcare Ltd shares recently

The Japara Healthcare Ltd (ASX:JHC) share price has fallen 9.1% this past month.

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Japara Healthcare Ltd (ASX: JHC) share price has fallen 9.1% to $1.83 this month as the company released its annual results this morning.  Japara Healthcare shares are now down 22.8% in the past 12 months and down 32% in the past 5 years.

According to Google Finance, Japara Healthcare Limited is an owner, operator and developer of residential aged care facilities. The Company is a private sector residential aged care operator in Australia with over 47,000 resident places and approvals for places nationally across approximately 40 facilities located in 5 different states.

The Company also operates approximately 80 Independent Living Units (ILUs) across over five retirement villages, located adjacent to its aged care facilities.

The Company cares for over 4,000 residents, offering a range of living arrangements, amenities, services, meal plans, social activities and care options. It offers independent living, low and high care, Dementia and Alzheimer care, respite and extra services care. Japara Retirement Living offers a range of retirement property options, including independent living units/villas and apartments.

Japara Healthcare Limited shares currently pay a 6.2% dividend, according to Google Finance.

Motley Fool contributor Motley Fool Staff has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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