The Ensign Group, Inc. Increases Quarterly Dividend to $0.0625 Per Share

Rhea-AI Summary

The Ensign Group (NASDAQ: ENSG) has declared a quarterly cash dividend of $0.0625 per share, marking its twenty-second consecutive annual dividend increase. The dividend will be payable on or before January 31, 2025, to shareholders of record as of December 31, 2024.

The company, through its subsidiaries, provides skilled nursing and senior living services, rehabilitation therapies, and healthcare services across 324 healthcare facilities in 14 states. This dividend announcement demonstrates Ensign's market strength and commitment to shareholder value, according to CEO Barry Port.

Positive

• 22nd consecutive annual dividend increase demonstrates consistent financial performance
• Strong market presence with 324 healthcare facilities across 14 states
• 20+ year track record of dividend payments since 2002

Negative

• None.

News Market Reaction – ENSG

+0.81%

+0.81% Session move

In the trading session that priced this news, ENSG gained 0.81%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SAN JUAN CAPISTRANO, Calif., Dec. 13, 2024 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it has declared a quarterly cash dividend of $0.0625 per share of Ensign common stock, payable on or before January 31, 2025, to shareholders of record as of December 31, 2024. “We are pleased to announce our twenty-second consecutive annual dividend increase, which reflects our strong market position and continued commitment to return value to our shareholders,” commented Barry Port, Ensign's Chief Executive Officer. “We look forward to further growth in the upcoming year and are excited about the long-term future of our organization,” he added.

Ensign has been a dividend-paying company since 2002.

About Ensign^™

The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 324 healthcare facilities in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.

Contact Information

The Ensign Group, Inc., (949) 487-9500, ir@ensignservices.net

SOURCE: The Ensign Group, Inc.

FAQ

What is the new quarterly dividend amount for Ensign Group (ENSG) stock?

The Ensign Group has declared a quarterly cash dividend of $0.0625 per share of common stock.

When is ENSG's next dividend payment date?

The dividend will be paid on or before January 31, 2025, to shareholders of record as of December 31, 2024.

How many consecutive years has ENSG increased its dividend?

The Ensign Group has increased its dividend for 22 consecutive years.

How many healthcare facilities does ENSG currently operate?

The Ensign Group operates 324 healthcare facilities across 14 different states.

Since when has ENSG been paying dividends?

The Ensign Group has been a dividend-paying company since 2002.