NMC Health PLC (NMC) Declares Dividend Increase – GBX 10.60 Per Share

NMC Health PLC (LON:NMC) declared a dividend on Wednesday, March 8th. Investors of record on Thursday, May 11th will be given a dividend of GBX 10.60 ($0.14) per share on Friday, June 2nd. This represents a dividend yield of 0.59%. The ex-dividend date is Thursday, May 11th. This is a positive change from NMC Health PLC’s previous dividend of $6.20. The official announcement can be accessed at this link.

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NMC has been the subject of a number of research analyst reports. Investec increased their price target on NMC Health PLC from GBX 1,990 ($25.69) to GBX 2,430 ($31.37) and gave the company a “buy” rating in a research report on Thursday, May 4th. Jefferies Group LLC increased their price target on NMC Health PLC from GBX 1,930 ($24.91) to GBX 2,200 ($28.40) and gave the company a “buy” rating in a research report on Wednesday, April 19th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 1,570 ($20.27) price target on shares of NMC Health PLC in a research report on Thursday, January 26th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of NMC Health PLC in a research report on Wednesday, February 22nd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 2,000 ($25.82).

In other NMC Health PLC news, insider Mark Tompkins sold 1,000 shares of the firm’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of GBX 2,098 ($27.08), for a total value of £20,980 ($27,081.45).

About NMC Health PLC

NMC Health plc is a private healthcare services provider in the United Arab Emirates. The Company operates through two segments: healthcare and distribution & services. The healthcare segment is engaged in providing professional medical services, comprising diagnostic services, in and outpatient clinics, provision of all types of research and medical services in the field of gynecology, obstetrics and human reproduction and retailing of pharmaceutical goods.

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