BrightSpring Health Services, Inc. Declares Quarterly Dividend of $0.84 (NASDAQ:BTSGU)

BrightSpring Health Services, Inc. (NASDAQ:BTSGU) declared a quarterly dividend on Thursday, January 1st. Investors of record on Thursday, January 15th will be paid a dividend of 0.8438 per share on Sunday, February 1st. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, January 15th.

BrightSpring Health Services Stock Performance

BrightSpring Health Services stock traded down $0.07 during mid-day trading on Tuesday, reaching $131.64. The company had a trading volume of 94,879 shares, compared to its average volume of 49,713. The business has a fifty day simple moving average of $120.90 and a 200 day simple moving average of $99.16. BrightSpring Health Services has a fifty-two week low of $56.77 and a fifty-two week high of $137.07.

Institutional Trading of BrightSpring Health Services

Institutional investors have recently modified their holdings of the business. Morningstar Investment Management LLC acquired a new stake in BrightSpring Health Services in the third quarter valued at $829,000. Jane Street Group LLC bought a new stake in shares of BrightSpring Health Services in the 2nd quarter valued at about $870,000. Goldman Sachs Group Inc. bought a new stake in shares of BrightSpring Health Services in the 1st quarter valued at about $3,575,000. JPMorgan Chase & Co. increased its stake in shares of BrightSpring Health Services by 69.4% in the second quarter. JPMorgan Chase & Co. now owns 43,931 shares of the company’s stock valued at $3,627,000 after buying an additional 17,994 shares during the period. Finally, Norges Bank acquired a new stake in shares of BrightSpring Health Services in the second quarter valued at about $5,780,000.

About BrightSpring Health Services

BrightSpring Health Services is a leading provider of home and community-based health and support services in the United States. The company specializes in delivering a continuum of care that spans behavioral health, intellectual and developmental disability support, home health care, and respite services. By integrating clinical and non-clinical offerings, BrightSpring seeks to improve patient outcomes, enhance quality of life, and support family caregivers.

Through its behavioral health division, BrightSpring offers individualized therapy, counseling, and crisis intervention for children, adolescents, and adults experiencing mental health challenges.