National HealthCare (NYSEAMERICAN:NHC) Reaches New 52-Week High – What’s Next?

National HealthCare Corporation (NYSEAMERICAN:NHC)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $133.44 and last traded at $131.36, with a volume of 8161 shares changing hands. The stock had previously closed at $130.44.

National HealthCare Stock Down 0.6%

The company has a 50 day moving average of $123.43 and a 200 day moving average of $111.74. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 20.44 and a beta of 0.58.

National HealthCare (NYSEAMERICAN:NHC) last posted its quarterly earnings results on Thursday, November 6th. The company reported $1.58 EPS for the quarter. National HealthCare had a return on equity of 9.22% and a net margin of 7.19%.The company had revenue of $382.66 million during the quarter.

National HealthCare Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.64 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.56 dividend on an annualized basis and a yield of 1.9%. National HealthCare’s dividend payout ratio (DPR) is currently 59.12%.

About National HealthCare

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.