Diversicare Healthcare Services Inc to Issue Quarterly Dividend of $0.06 (DVCR)

Diversicare Healthcare Services Inc (NASDAQ:DVCR) declared a quarterly dividend on Friday, August 3rd, Wall Street Journal reports. Shareholders of record on Sunday, September 30th will be given a dividend of 0.055 per share on Tuesday, October 16th. This represents a $0.22 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend is Thursday, September 27th.

Diversicare Healthcare Services stock opened at $6.26 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 12.07. Diversicare Healthcare Services has a twelve month low of $5.25 and a twelve month high of $12.25.

Diversicare Healthcare Services (NASDAQ:DVCR) last released its quarterly earnings data on Thursday, August 2nd. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $141.08 million for the quarter. Diversicare Healthcare Services had a negative net margin of 1.21% and a negative return on equity of 86.44%.

Separately, ValuEngine raised shares of Diversicare Healthcare Services from a “sell” rating to a “hold” rating in a research report on Monday, July 2nd.

Diversicare Healthcare Services Company Profile

Diversicare Healthcare Services, Inc provides post-acute care services to skilled nursing center, patients, and residents primarily in the Southeast, Midwest, and Southwest United States. The company offers skilled nursing health care services, including nutrition, recreational therapy, social, housekeeping, and laundry services; the delivery of ancillary medical services at the nursing centers; rehabilitation therapy services, such as audiology, speech, occupational, and physical therapies; and medical supplies, nutritional support, infusion therapies, and related clinical services.

Further Reading: Intrinsic Value

Dividend History for Diversicare Healthcare Services (NASDAQ:DVCR)

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