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

Extendicare Inc. (TSE:EXE) announced a monthly dividend on Tuesday, October 15th, TickerTech reports. Investors of record on Thursday, October 31st will be paid a dividend of 0.04 per share on Friday, November 15th. This represents a $0.48 annualized dividend and a yield of 5.21%. The ex-dividend date of this dividend is Thursday, October 31st.

Extendicare Trading Down 1.4 %

TSE:EXE opened at C$9.21 on Wednesday. The stock has a market cap of C$768.76 million, a PE ratio of 13.46 and a beta of 1.26. Extendicare has a fifty-two week low of C$5.75 and a fifty-two week high of C$9.52. The company has a debt-to-equity ratio of 305.80, a current ratio of 0.60 and a quick ratio of 0.98. The stock’s 50-day moving average is C$8.99 and its two-hundred day moving average is C$7.97.

Extendicare (TSE:EXE) last announced its quarterly earnings data on Monday, August 12th. The company reported C$0.29 EPS for the quarter. Extendicare had a net margin of 4.28% and a return on equity of 60.00%. The firm had revenue of C$348.48 million for the quarter, compared to the consensus estimate of C$360.20 million. As a group, equities research analysts forecast that Extendicare will post 0.6134729 earnings per share for the current fiscal year.

Analyst Ratings Changes

EXE has been the subject of several recent research reports. Royal Bank of Canada increased their price objective on Extendicare from C$8.50 to C$9.50 in a report on Monday, August 19th. TD Securities raised their price target on Extendicare from C$9.00 to C$9.50 and gave the stock a “hold” rating in a research note on Wednesday, September 4th.

Extendicare Company Profile

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.