National HealthCare Corporation Declares Quarterly Dividend of $0.67 (NYSEAMERICAN:NHC)

National HealthCare Corporation (NYSEAMERICAN:NHC) declared a quarterly dividend on Thursday, August 6th. Investors of record on Wednesday, September 30th will be paid a dividend of 0.67 per share on Friday, October 30th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, September 30th.

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

National HealthCare Trading Down 0.9%

Shares of NHC stock opened at $219.45 on Friday. National HealthCare has a 12 month low of $95.20 and a 12 month high of $232.67. The company has a market capitalization of $3.43 billion, a P/E ratio of 27.88 and a beta of 0.61. The stock has a 50 day moving average of $208.41 and a two-hundred day moving average of $181.21.

National HealthCare (NYSEAMERICAN:NHC) last issued its earnings results on Thursday, August 6th. The company reported $1.74 EPS for the quarter. National HealthCare had a return on equity of 9.98% and a net margin of 8.10%.The business had revenue of $408.03 million during the quarter.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NHC. Royal Bank Of Canada raised shares of National HealthCare to a “hold” rating in a research note on Monday, May 18th. Robert W. Baird raised National HealthCare to a “strong-buy” rating in a report on Monday, May 18th. The Goldman Sachs Group upgraded National HealthCare to a “strong-buy” rating in a research report on Monday, May 18th. Finally, BMO Capital Markets raised National HealthCare to a “hold” rating in a research note on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, National HealthCare presently has an average rating of “Buy”.

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.