Extendicare Inc. (OTCMKTS:EXETF) Announces $0.03 Dividend

Extendicare Inc. (OTCMKTS:EXETF) declared a dividend on Wednesday, November 26th, investing.com reports. Investors of record on Monday, December 1st will be given a dividend of 0.03 per share on Monday, December 15th. This represents a yield of 244.0%. The ex-dividend date is Friday, November 28th.

Extendicare Trading Up 0.7%

EXETF traded up $0.10 on Wednesday, hitting $14.81. 1,627 shares of the stock were exchanged, compared to its average volume of 13,771. Extendicare has a 12 month low of $6.72 and a 12 month high of $14.83. The business has a 50-day moving average of $12.05 and a two-hundred day moving average of $10.63.

Wall Street Analysts Forecast Growth

EXETF has been the subject of a number of recent analyst reports. TD Securities reaffirmed a “hold” rating on shares of Extendicare in a report on Friday, November 14th. BMO Capital Markets restated a “market perform” rating on shares of Extendicare in a research report on Monday, August 11th. Finally, CIBC began coverage on Extendicare in a report on Monday, September 22nd. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Extendicare currently has an average rating of “Hold”.

Extendicare Company Profile

Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management, consulting, and other services to third parties.