National HealthCare Corporation (NHC) to Issue Quarterly Dividend of $0.67 on July 31st

National HealthCare Corporation (NYSEAMERICAN:NHC) declared a quarterly dividend on Thursday, May 7th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.67 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a 4.7% increase from National HealthCare’s previous quarterly dividend of $0.64.

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 Stock Performance

NHC opened at $206.54 on Friday. The stock has a market capitalization of $3.23 billion, a price-to-earnings ratio of 26.24 and a beta of 0.64. The company has a fifty day moving average of $187.09 and a 200 day moving average of $164.19. National HealthCare has a fifty-two week low of $93.54 and a fifty-two week high of $206.54.

National HealthCare (NYSEAMERICAN:NHC) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.91 EPS for the quarter. The business had revenue of $381.82 million for the quarter. National HealthCare had a net margin of 8.10% and a return on equity of 9.98%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Royal Bank Of Canada upgraded National HealthCare to a “hold” rating in a research report on Monday, May 18th. The Goldman Sachs Group upgraded National HealthCare to a “strong-buy” rating in a report on Monday, May 18th. BMO Capital Markets raised National HealthCare to a “hold” rating in a report on Monday, May 18th. Finally, Robert W. Baird upgraded National HealthCare to a “strong-buy” rating in a research report on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, National HealthCare has an average rating of “Buy”.

National HealthCare Company Profile

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.