Medical Facilities Corp (DR) To Go Ex-Dividend on August 30th
Medical Facilities Corp (TSE:DR) declared a monthly dividend on Wednesday, August 22nd, Zacks reports. Investors of record on Friday, August 31st will be paid a dividend of 0.094 per share on Monday, September 17th. This represents a $1.13 dividend on an annualized basis and a yield of 7.26%. The ex-dividend date of this dividend is Thursday, August 30th.
DR stock traded up C$0.01 on Friday, reaching C$15.53. 60,900 shares of the company’s stock were exchanged, compared to its average volume of 163,493. Medical Facilities has a twelve month low of C$12.30 and a twelve month high of C$16.24.
A number of brokerages recently weighed in on DR. TD Securities dropped their price objective on Medical Facilities from C$17.50 to C$16.50 and set a “buy” rating on the stock in a report on Friday, May 11th. CIBC dropped their price objective on Medical Facilities from C$15.00 to C$12.50 in a report on Friday, May 11th. Finally, National Bank Financial dropped their price objective on Medical Facilities from C$14.25 to C$14.00 and set a “sector perform” rating on the stock in a report on Friday, May 11th.
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an ambulatory surgery center in the United States. The company's specialty surgical hospitals provide scheduled surgical, imaging, diagnostic, and other pain management procedures; and other ancillary services, such as urgent care and occupational health.
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