National HealthCare (NYSEAMERICAN:NHC) Shares Pass Above 200-Day Moving Average – Here’s What Happened

National HealthCare Corporation (NYSEAMERICAN:NHC) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $104.87 and traded as high as $122.26. National HealthCare shares last traded at $121.50, with a volume of 67,317 shares.

National HealthCare Stock Performance

The stock has a fifty day moving average of $114.60 and a 200 day moving average of $104.87. The company has a market capitalization of $1.88 billion, a PE ratio of 18.11 and a beta of 0.58.

National HealthCare Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be paid a $0.64 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.56 dividend on an annualized basis and a yield of 2.1%. National HealthCare’s payout ratio is presently 59.12%.

About National HealthCare

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.