Extendicare Inc (TSE:EXE) announced a monthly dividend on Monday, July 17th, Zacks reports. Investors of record on Monday, July 31st will be given a dividend of 0.04 per share on Tuesday, August 15th. This represents a $0.48 annualized dividend and a yield of 5.26%. The ex-dividend date of this dividend is Thursday, July 27th.
Extendicare (EXE) traded down 3.28% during mid-day trading on Wednesday, reaching $9.13. 241,108 shares of the company traded hands. Extendicare has a 52-week low of $8.23 and a 52-week high of $10.75. The stock has a 50-day moving average of $9.84 and a 200 day moving average of $10.20. The stock has a market capitalization of $807.44 million and a PE ratio of 55.33.
In other news, Director Alan Roy Hibben purchased 5,000 shares of the stock in a transaction that occurred on Friday, August 11th. The stock was acquired at an average cost of C$9.07 per share, with a total value of C$45,350.00. Over the last ninety days, insiders have purchased 6,600 shares of company stock valued at $60,272.
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Separately, Royal Bank Of Canada increased their price objective on shares of Extendicare from C$9.00 to C$9.75 and gave the stock a “sector perform” rating in a research report on Tuesday, May 16th.
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