National HealthCare Co. Declares Quarterly Dividend of $0.50 (NHC)
National HealthCare Co. (NYSEAMERICAN:NHC) announced a quarterly dividend on Monday, August 13th, Wall Street Journal reports. Investors of record on Friday, September 28th will be given a dividend of 0.50 per share on Monday, December 3rd. This represents a $2.00 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date of this dividend is Thursday, September 27th.
National HealthCare has raised its dividend payment by an average of 12.1% per year over the last three years and has raised its dividend annually for the last 5 consecutive years.
Shares of NHC opened at $74.46 on Wednesday. National HealthCare has a twelve month low of $57.00 and a twelve month high of $78.88.
In other news, Director Ernest G. Burgess III sold 3,000 shares of the stock in a transaction on Monday, August 13th. The shares were sold at an average price of $73.31, for a total value of $219,930.00. Following the sale, the director now owns 96,171 shares of the company’s stock, valued at $7,050,296.01. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Emil E. Hassan sold 5,000 shares of the stock in a transaction on Thursday, August 16th. The shares were sold at an average price of $76.48, for a total transaction of $382,400.00. Following the completion of the sale, the director now directly owns 50,509 shares in the company, valued at approximately $3,862,928.32. The disclosure for this sale can be found here. In the last three months, insiders sold 17,350 shares of company stock worth $1,325,085.
National HealthCare Company Profile
National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, and home health care programs. The company's 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 services for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.
Featured Article: Fiduciary
Receive News & Ratings for National HealthCare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National HealthCare and related companies with MarketBeat.com's FREE daily email newsletter.