HealthStream, Inc. (NASDAQ:HSTM) to Issue $0.04 Quarterly Dividend

HealthStream, Inc. (NASDAQ:HSTM) announced a quarterly dividend on Monday, August 3rd. Stockholders of record on Monday, August 17th will be given a dividend of 0.035 per share by the technology company on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, August 17th.

HealthStream has a dividend payout ratio of 20.0% meaning its dividend is sufficiently covered by earnings. Analysts expect HealthStream to earn $0.80 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 17.5%.

HealthStream Stock Up 1.0%

HSTM stock opened at $28.33 on Tuesday. HealthStream has a 52-week low of $19.50 and a 52-week high of $30.00. The firm has a market cap of $827.66 million, a P/E ratio of 42.28, a PEG ratio of 3.18 and a beta of 0.45. The company’s 50-day simple moving average is $26.89 and its 200-day simple moving average is $23.36.

HealthStream (NASDAQ:HSTM) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.06. The firm had revenue of $83.73 million during the quarter, compared to analyst estimates of $80.82 million. HealthStream had a return on equity of 6.47% and a net margin of 6.39%. On average, analysts anticipate that HealthStream will post 0.74 earnings per share for the current fiscal year.

About HealthStream

HealthStream, Inc is a Nashville, Tennessee–based provider of workforce development and learning management solutions for healthcare organizations. Since its founding in 1990, the company has focused on helping hospitals, clinics and other care providers streamline staff training, ensure regulatory compliance and monitor employee performance. HealthStream’s platform integrates online courses, skill competency assessments and credential management tools to support workforce readiness across the healthcare continuum.

The company’s core offerings include a learning management system (LMS) designed specifically for clinical and nonclinical personnel, a competency management suite that tracks skill acquisition and validation, and a content library featuring evidence-based clinical and compliance training modules.