National HealthCare Co. Plans Quarterly Dividend of $0.61 (NYSE:NHC)

National HealthCare Co. (NYSE:NHC) announced a quarterly dividend on Friday, February 14th, RTT News reports. Investors of record on Friday, March 28th will be given a dividend of 0.61 per share on Friday, April 25th. This represents a $2.44 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date is Friday, March 28th.

National HealthCare has increased its dividend payment by an average of 4.7% per year over the last three years.

National HealthCare Trading Down 1.2 %

Shares of NHC stock opened at $90.37 on Wednesday. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14. National HealthCare has a fifty-two week low of $87.03 and a fifty-two week high of $138.49. The firm’s 50 day moving average price is $96.73 and its two-hundred day moving average price is $111.76. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 11.32 and a beta of 0.41.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of National HealthCare from a “strong-buy” rating to a “buy” rating in a report on Monday, March 3rd.

National HealthCare Company Profile

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.