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

Extendicare Inc. (TSE:EXE) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Friday, February 14th will be given 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 4.63%. The ex-dividend date of this dividend is Friday, January 31st.

Extendicare Price Performance

TSE EXE opened at C$10.37 on Wednesday. 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 fifty day moving average price is C$10.35 and its 200 day moving average price is C$9.16. The company has a market cap of C$865.58 million, a price-to-earnings ratio of 15.25 and a beta of 1.26. Extendicare has a 1 year low of C$6.63 and a 1 year high of C$10.89.

Extendicare (TSE:EXE) last issued its quarterly earnings results 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 period in the prior year, the firm posted $0.13 EPS. As a group, equities research analysts forecast that Extendicare will post 0.6134729 earnings per share for the current year.

Wall Street Analyst Weigh In

EXE has been the subject of a number of research reports. Royal Bank of Canada boosted their target price 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 Extendicare from C$9.50 to C$10.50 and gave the stock a “hold” rating in a research note on Thursday, November 14th.

About Extendicare

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.