Medical Facilities Co. (OTCMKTS:MFCSF – Get Free Report) shares rose 1% during trading on Thursday . The company traded as high as $11.40 and last traded at $11.40. Approximately 2,000 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 6,339 shares. The stock had previously closed at $11.29.
Medical Facilities Trading Down 3.2 %
The firm has a 50-day moving average of $10.68 and a two-hundred day moving average of $9.99.
Medical Facilities Increases Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.0663 dividend. The ex-dividend date was Friday, September 27th. This represents a dividend yield of 2.62%. This is an increase from Medical Facilities’s previous dividend of $0.06. Medical Facilities’s dividend payout ratio is 110.58%.
About Medical Facilities
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company’s specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.
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