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

National HealthCare Co. (NYSE:NHC) announced a quarterly dividend on Thursday, August 8th, Wall Street Journal reports. Investors of record on Monday, September 30th will be given a dividend of 0.61 per share on Friday, November 1st. This represents a $2.44 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Monday, September 30th.

National HealthCare has increased its dividend by an average of 4.0% annually over the last three years and has raised its dividend annually for the last 9 consecutive years.

National HealthCare Stock Down 1.4 %

NYSE NHC opened at $124.01 on Friday. The business’s fifty day simple moving average is $128.16. The company has a market capitalization of $1.91 billion, a PE ratio of 23.58 and a beta of 0.41. National HealthCare has a fifty-two week low of $63.44 and a fifty-two week high of $138.49.

National HealthCare (NYSE:NHC) last announced its quarterly earnings data on Friday, August 9th. The company reported $1.00 earnings per share for the quarter. National HealthCare had a return on equity of 6.39% and a net margin of 7.74%. The business had revenue of $300.66 million during the quarter.

Insider Transactions at National HealthCare

In related news, SVP Brian F. Kidd sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $130.01, for a total transaction of $260,020.00. Following the completion of the transaction, the senior vice president now directly owns 21,747 shares in the company, valued at approximately $2,827,327.47. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 13.75% of the company’s stock.

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.