National Healthcare Corporation (NYSE American: NHC) has declared a quarterly dividend of 59 cents per common share, payable on May 1, 2024, to shareholders of record on March 29, 2024. The nation's oldest publicly traded long-term health care company made this announcement on February 9, 2024.
Following the announcement, the company's shares experienced a 1.5% increase and are currently trading at a price of $92.35.
In a statement, Brian F. Kidd, Senior Vice President and Chief Financial Officer, remarked, "We are pleased to continue our long-standing tradition of rewarding our shareholders through the declaration of this dividend."
The company's full 8-K submission is available here.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (MM) | $980 | $996 | $1,028 | $1,074 | $1,086 | $1,105 |
| Revenue Growth | n/a | 1.64% | 3.19% | 4.48% | 1.06% | 1.79% |
| Operating Margins | 6% | 5% | 5% | 5% | 3% | 4% |
| Net Margins | 6% | 7% | 4% | 13% | 2% | 4% |
| Net Income (MM) | $59 | $68 | $42 | $139 | $22 | $45 |
| Net Interest Expense (MM) | $7 | $7 | $6 | $5 | $5 | $7 |
| Depreciation & Amort. (MM) | $42 | $42 | $42 | $41 | $40 | $41 |
| Earnings Per Share | $3.87 | $4.44 | $2.72 | $8.99 | $1.45 | $2.91 |
| EPS Growth | n/a | 14.73% | -38.74% | 230.51% | -83.87% | 100.69% |
| Diluted Shares (MM) | 15 | 15 | 15 | 15 | 15 | 15 |
| Free Cash Flow (MM) | $69 | $74 | $181 | $23 | -$21 | $72 |
| Capital Expenditures (MM) | $30 | $26 | $22 | $39 | $30 | $25 |
| Current Ratio | 2.04 | 1.75 | 1.62 | 1.62 | 1.79 | 1.87 |
