Extendicare Inc. (TSE:EXE) Declares $0.04 Monthly Dividend

Extendicare Inc. (TSE:EXE) announced a monthly dividend on Friday, May 30th, TickerTech Dividends reports. Investors of record on Monday, June 16th will be paid a dividend of 0.042 per share on Monday, June 16th. This represents a $0.50 annualized dividend and a yield of 3.49%. The ex-dividend date is Friday, May 30th.

Extendicare Price Performance

TSE EXE opened at C$14.44 on Wednesday. The stock has a market capitalization of C$1.21 billion, a P/E ratio of 18.41 and a beta of 1.26. Extendicare has a 1 year low of C$7.10 and a 1 year high of C$15.24. The business’s fifty day moving average is C$13.59 and its two-hundred day moving average is C$11.84. The company has a debt-to-equity ratio of 283.02, a quick ratio of 0.98 and a current ratio of 0.62.

Analyst Upgrades and Downgrades

Several research firms have issued reports on EXE. TD Securities upped their price target on Extendicare from C$13.00 to C$15.00 and gave the company a “hold” rating in a report on Thursday, May 22nd. BMO Capital Markets upped their price target on Extendicare from C$13.50 to C$14.50 in a report on Monday, May 12th. Finally, Cormark raised Extendicare to a “moderate buy” rating in a report on Wednesday, February 19th.

About Extendicare

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.