BrightSpring Health Services, Inc. (BTSGU) to Distribute Quarterly Dividend of $0.84 on August 1st

BrightSpring Health Services, Inc. (NASDAQ:BTSGU) announced a quarterly dividend on Friday, June 19th. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.8437 per share on Saturday, August 1st. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, July 15th.

BrightSpring Health Services Price Performance

BTSGU stock opened at $240.13 on Monday. BrightSpring Health Services has a 52 week low of $68.14 and a 52 week high of $255.51. The firm has a 50-day simple moving average of $205.19 and a 200-day simple moving average of $161.86.

Institutional Investors Weigh In On BrightSpring Health Services

Hedge funds have recently modified their holdings of the company. Virtus Advisers LLC acquired a new stake in BrightSpring Health Services during the fourth quarter worth $25,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of BrightSpring Health Services in the 1st quarter valued at $213,000. Jane Street Group LLC grew its holdings in shares of BrightSpring Health Services by 88.4% during the 4th quarter. Jane Street Group LLC now owns 4,946 shares of the company’s stock worth $624,000 after purchasing an additional 2,321 shares during the period. Morningstar Investment Management LLC purchased a new position in shares of BrightSpring Health Services during the 3rd quarter worth $829,000. Finally, JPMorgan Chase & Co. increased its position in shares of BrightSpring Health Services by 69.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 43,931 shares of the company’s stock worth $3,627,000 after purchasing an additional 17,994 shares during the last quarter.

About BrightSpring Health Services

BrightSpring Health Services is a leading provider of home and community-based health and support services in the United States. The company specializes in delivering a continuum of care that spans behavioral health, intellectual and developmental disability support, home health care, and respite services. By integrating clinical and non-clinical offerings, BrightSpring seeks to improve patient outcomes, enhance quality of life, and support family caregivers.

Through its behavioral health division, BrightSpring offers individualized therapy, counseling, and crisis intervention for children, adolescents, and adults experiencing mental health challenges.