Extendicare Inc. to Issue Monthly Dividend of $0.04 (TSE:EXE)

Extendicare Inc. (TSE:EXEGet Free Report) declared a monthly dividend on Monday, August 12th, Zacks reports. Shareholders of record on Friday, August 30th will be paid a dividend of 0.04 per share on Monday, September 16th. This represents a $0.48 annualized dividend and a yield of 5.83%. The ex-dividend date of this dividend is Friday, August 30th.

Extendicare Price Performance

Shares of EXE traded up C$0.10 during trading hours on Wednesday, reaching C$8.23. The stock had a trading volume of 251,812 shares, compared to its average volume of 124,231. The company’s 50-day moving average is C$7.45 and its two-hundred day moving average is C$7.35. Extendicare has a 12 month low of C$5.75 and a 12 month high of C$8.30. The stock has a market capitalization of C$686.22 million, a PE ratio of 20.07 and a beta of 1.26. The company has a debt-to-equity ratio of 365.69, a quick ratio of 0.98 and a current ratio of 0.82.

Extendicare (TSE:EXEGet Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported C$0.29 earnings per share (EPS) for the quarter. The business had revenue of C$348.48 million during the quarter, compared to analyst estimates of C$360.20 million. Extendicare had a net margin of 2.63% and a return on equity of 37.03%. Research analysts expect that Extendicare will post 0.4699088 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on EXE shares. TD Securities raised their price objective on Extendicare from C$8.00 to C$9.00 and gave the stock a “hold” rating in a research report on Wednesday. Royal Bank of Canada raised their price target on shares of Extendicare from C$8.00 to C$8.50 and gave the stock a “sector perform” rating in a report on Tuesday, May 21st.

Check Out Our Latest Stock Report on EXE

About Extendicare

(Get Free Report)

Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management, consulting, and other services to third parties.

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Dividend History for Extendicare (TSE:EXE)

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