Encompass Health Corporation (EHC) to Issue Quarterly Dividend of $0.21 on October 15th

Encompass Health Corporation (NYSE:EHC) declared a quarterly dividend on Thursday, July 23rd. Shareholders of record on Thursday, October 1st will be given a dividend of 0.21 per share on Thursday, October 15th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, October 1st. This is a 10.5% increase from Encompass Health’s previous quarterly dividend of $0.19.

Encompass Health has decreased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 2 years. Encompass Health has a dividend payout ratio of 15.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Encompass Health to earn $6.45 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 13.0%.

Encompass Health Stock Up 1.4%

NYSE:EHC opened at $112.66 on Friday. Encompass Health has a 1 year low of $92.77 and a 1 year high of $127.99. The stock has a 50-day moving average price of $104.97 and a two-hundred day moving average price of $103.80. The stock has a market cap of $11.18 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 2.42 and a beta of 0.74. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.76.

Encompass Health (NYSE:EHC) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.09. Encompass Health had a return on equity of 18.28% and a net margin of 10.04%.The company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter last year, the firm posted $1.37 earnings per share. Encompass Health’s revenue was up 9.0% compared to the same quarter last year. Encompass Health has set its FY 2026 guidance at 5.890-6.110 EPS. As a group, equities analysts expect that Encompass Health will post 5.96 earnings per share for the current year.

Encompass Health Company Profile

Encompass Health Corporation is a leading provider of post?acute healthcare services in the United States, operating a comprehensive network of inpatient rehabilitation hospitals and home health and hospice agencies. Its inpatient rehabilitation hospitals offer intensive therapy programs for patients recovering from conditions such as stroke, brain injury, spinal cord injury, cardiac and pulmonary disorders, and orthopedic procedures. Through its home health segment, Encompass Health delivers skilled nursing, physical therapy, occupational therapy and speech therapy to patients in the comfort of their homes, while its hospice services provide end?of?life care focused on symptom management and emotional support for patients and families.

Founded in 1984 as HealthSouth Corporation and rebranded as Encompass Health in 2018, the company has grown organically and through acquisitions to serve patients across more than 30 states.