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

Extendicare Inc. (TSE:EXE) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.04 per share on Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date is Friday, January 31st.

Extendicare Stock Up 1.3 %

Shares of Extendicare stock traded up C$0.13 on Wednesday, reaching C$10.50. The company’s stock had a trading volume of 26,572 shares, compared to its average volume of 105,865. The company has a quick ratio of 0.98, a current ratio of 0.60 and a debt-to-equity ratio of 305.80. The company has a market capitalization of C$876.44 million, a price-to-earnings ratio of 15.44 and a beta of 1.26. The firm’s fifty day simple moving average is C$10.35 and its two-hundred day simple moving average is C$9.16. Extendicare has a 52 week low of C$6.63 and a 52 week high of C$10.89.

Extendicare (TSE:EXE) last issued its quarterly earnings data on Tuesday, November 12th. The company reported C$0.19 earnings per share for the quarter. Extendicare had a net margin of 4.28% and a return on equity of 60.00%. During the same quarter in the prior year, the business earned $0.13 EPS. Equities analysts anticipate that Extendicare will post 0.6134729 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on EXE. Royal Bank of Canada upped their price target on shares of Extendicare from C$9.50 to C$11.00 and gave the company a “sector perform” rating in a research report on Thursday, November 28th. TD Securities upped their target price on shares of Extendicare from C$9.50 to C$10.50 and gave the company a “hold” rating in a report on Thursday, November 14th.

Extendicare Company Profile

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.