National HealthCare Corporation (NYSEAMERICAN:NHC) Announces Dividend Increase – $0.67 Per Share

National HealthCare Corporation (NYSEAMERICAN:NHC) announced a quarterly dividend on Thursday, May 7th. Investors of record on Tuesday, June 30th will be given a dividend of 0.67 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a 4.7% increase from National HealthCare’s previous quarterly dividend of $0.64.

National HealthCare has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 10 consecutive years.

National HealthCare Stock Performance

National HealthCare stock traded up $16.04 during mid-day trading on Friday, reaching $187.46. 56,906 shares of the company were exchanged, compared to its average volume of 98,260. National HealthCare has a 12-month low of $93.54 and a 12-month high of $187.24. The business has a fifty day moving average of $165.30 and a 200 day moving average of $147.81. The firm has a market cap of $2.92 billion, a P/E ratio of 24.44 and a beta of 0.64.

National HealthCare (NYSEAMERICAN:NHC) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.91 EPS for the quarter. National HealthCare had a return on equity of 9.59% and a net margin of 7.91%.The firm had revenue of $381.82 million during the quarter.

About National HealthCare

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.