Extendicare Inc. (EXE) To Go Ex-Dividend on September 30th

Extendicare Inc. (TSE:EXE) announced a monthly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.04 per share on Tuesday, October 15th. This represents a $0.48 annualized dividend and a dividend yield of 5.17%. The ex-dividend date of this dividend is Monday, September 30th.

Extendicare Price Performance

Shares of TSE:EXE opened at C$9.28 on Wednesday. Extendicare has a one year low of C$5.75 and a one year high of C$9.48. The stock has a market cap of C$774.60 million, a PE ratio of 13.65 and a beta of 1.26. The business’s fifty day moving average price is C$8.11 and its two-hundred day moving average price is C$7.63. The company has a debt-to-equity ratio of 305.80, a quick ratio of 0.98 and a current ratio of 0.60.

Extendicare (TSE:EXE) last released its quarterly earnings results on Monday, August 12th. The company reported C$0.29 earnings per share (EPS) for the quarter. Extendicare had a net margin of 4.28% and a return on equity of 60.00%. The company had revenue of C$348.48 million for the quarter, compared to analysts’ expectations of C$360.20 million.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Royal Bank of Canada increased their price target on shares of Extendicare from C$8.50 to C$9.50 in a research note on Monday, August 19th. TD Securities boosted their price target on Extendicare from C$9.00 to C$9.50 and gave the company a “hold” rating in a research report on Wednesday, September 4th.

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.