National HealthCare Co. (NYSE:NHC - Get Free Report) announced a quarterly dividend on Friday, February 14th,RTT News reports. Stockholders of record on Friday, March 28th will be paid a dividend of 0.61 per share on Friday, April 25th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Friday, March 28th.
National HealthCare has increased its dividend by an average of 4.7% per year over the last three years.
National HealthCare Trading Down 0.7 %
Shares of National HealthCare stock traded down $0.76 on Tuesday, reaching $102.00. 66,840 shares of the company were exchanged, compared to its average volume of 55,898. The stock has a fifty day moving average price of $104.73 and a 200-day moving average price of $118.00. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 12.78 and a beta of 0.45. The company has a current ratio of 1.80, a quick ratio of 1.77 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.
Analysts Set New Price Targets
Separately, StockNews.com raised National HealthCare from a "buy" rating to a "strong-buy" rating in a research report on Saturday, November 16th.
Get Our Latest Analysis on National HealthCare
Insider Activity at National HealthCare
In related news, insider Health Corp National sold 28,147 shares of the company's stock in a transaction on Friday, December 20th. The stock was sold at an average price of $113.71, for a total transaction of $3,200,595.37. Following the transaction, the insider now directly owns 1,056,616 shares of the company's stock, valued at approximately $120,147,805.36. The trade was a 2.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Timothy J. Shelly sold 614 shares of the company's stock in a transaction on Friday, December 13th. The shares were sold at an average price of $121.44, for a total value of $74,564.16. The disclosure for this sale can be found here. 13.75% of the stock is owned by insiders.
About National HealthCare
(
Get Free Report)
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.
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