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

Extendicare Inc. (TSE:EXEGet Free Report) announced a monthly dividend on Wednesday, May 15th, Zacks reports. Stockholders of record on Friday, May 31st will be paid a dividend of 0.04 per share on Monday, June 17th. This represents a $0.48 annualized dividend and a dividend yield of 6.52%. The ex-dividend date is Friday, May 31st.

Extendicare Stock Down 0.7 %

Extendicare stock opened at C$7.36 on Thursday. Extendicare has a fifty-two week low of C$5.75 and a fifty-two week high of C$8.04. The company has a debt-to-equity ratio of 365.69, a quick ratio of 0.98 and a current ratio of 0.82. The firm’s 50-day simple moving average is C$7.48 and its 200 day simple moving average is C$7.20. The stock has a market cap of C$613.68 million, a PE ratio of 17.95 and a beta of 1.23.

Extendicare (TSE:EXEGet Free Report) last released its earnings results on Thursday, March 7th. The company reported C$0.10 EPS for the quarter. The company had revenue of C$350.18 million for the quarter. Extendicare had a return on equity of 37.03% and a net margin of 2.63%. Research analysts predict that Extendicare will post 0.4687697 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Royal Bank of Canada increased their target price on shares of Extendicare from C$8.00 to C$8.50 and gave the stock a “sector perform” rating in a research report on Tuesday, May 21st. Leede Jones Gable raised their price objective on shares of Extendicare from C$7.00 to C$8.50 and gave the stock a “buy” rating in a report on Monday, March 11th. Finally, TD Securities lifted their price objective on shares of Extendicare from C$7.50 to C$8.00 and gave the company a “hold” rating in a research note on Friday, May 17th.

View Our Latest Research Report on EXE

Extendicare Company Profile

(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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