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

Extendicare Inc. (TSE:EXE) declared a monthly dividend on Monday, April 15th, TickerTech reports. Investors of record on Tuesday, April 30th will be given a dividend of 0.04 per share on Wednesday, May 15th. This represents a $0.48 dividend on an annualized basis and a yield of 6.57%. The ex-dividend date of this dividend is Monday, April 29th.

Extendicare Stock Down 0.3 %

EXE stock opened at C$7.31 on Tuesday. The stock has a 50-day simple moving average of C$7.19 and a two-hundred day simple moving average of C$6.88. The company has a quick ratio of 0.98, a current ratio of 0.83 and a debt-to-equity ratio of 380.48. Extendicare has a twelve month low of C$5.75 and a twelve month high of C$7.90. The firm has a market capitalization of C$607.90 million, a PE ratio of 18.28 and a beta of 1.22.

Extendicare (TSE:EXE) last posted its quarterly earnings data on Thursday, March 7th. The company reported C$0.10 earnings per share for the quarter. Extendicare had a net margin of 2.60% and a return on equity of 36.03%. On average, equities analysts predict that Extendicare will post 0.3856691 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on EXE shares. Royal Bank of Canada raised their price target on shares of Extendicare from C$7.50 to C$8.00 and gave the stock a “sector perform” rating in a report on Monday, March 11th. TD Securities lifted their price target on shares of Extendicare from C$7.00 to C$7.50 and gave the company a “hold” rating in a report on Monday, March 11th. Finally, Leede Jones Gable raised their target price on shares of Extendicare from C$7.00 to C$8.50 and gave the stock a “buy” rating in a research report on Monday, March 11th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Extendicare presently has an average rating of “Hold” and an average target price of C$7.88.

Extendicare Company Profile

Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management, consulting, and other services to third parties.