STOCK TITAN

NHC Announces Common Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
National HealthCare Corporation (NYSE American: NHC) will pay a quarterly dividend of 59 cents per common share to shareholders of record on December 29, 2023, and payable on February 1, 2024.
Positive
  • None.
Negative
  • None.

MURFREESBORO, Tenn.--(BUSINESS WIRE)-- National HealthCare Corporation (NYSE American: NHC), the nation’s oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 59 cents per common share to shareholders of record on December 29, 2023 and payable on February 1, 2024.

Forward-Looking Statements

Statements in this press release that are not historical facts are forward-looking statements. NHC cautions investors that any forward-looking statements made involve risks and uncertainties and are not guarantees of future performance. The risks and uncertainties are detailed from time to time in reports filed by NHC with the S.E.C., including Forms 8-K, 10-Q and 10-K, and include, among others, the following: liabilities and other claims asserted against us and patient care liabilities, as well as the resolution of current litigation; availability of insurance and assets for indemnification; national and local economic conditions; including their effect on the availability and cost of labor, utilities and materials; the effect of government regulations and changes in regulations governing the healthcare industry, including our compliance with such regulations; changes in Medicare and Medicaid payment levels and methodologies and the application of such methodologies by the government and its fiscal intermediaries, the ability of third parties for whom we have guaranteed debt to refinance certain short term debt obligations; and other factors referenced or incorporated by reference in the S.E.C. filings. The risks included here are not exhaustive. All forward-looking statements represent NHC’s best judgment as of the date of this release.

About NHC

NHC affiliates operate for themselves and third parties 68 skilled nursing facilities with 8,732 beds. NHC affiliates also operate 26 assisted living communities with 1,501 units, five independent living communities with 475 units, three behavioral health hospitals, 35 homecare agencies, and 30 hospice agencies. NHC’s other services include Alzheimer’s and memory care units, pharmacy services, a rehabilitation services company, and providing management and accounting services to third party post-acute operators. Other information about the company can be found on our web site at www.nhccare.com.

Brian F. Kidd, SVP/Chief Financial Officer

Phone: (615) 890-2020

Source: National HealthCare Corporation

FAQ

What is the dividend amount National HealthCare Corporation will pay?

National HealthCare Corporation will pay a quarterly dividend of 59 cents per common share.

When will the dividend be paid?

The dividend will be payable on February 1, 2024.

Who is eligible to receive the dividend?

Shareholders of record on December 29, 2023, will be eligible to receive the dividend.

Is National HealthCare Corporation publicly traded?

Yes, National HealthCare Corporation is publicly traded on the NYSE American under the ticker symbol NHC.

National Healthcare Corp.

NYSE:NHC

NHC Rankings

NHC Latest News

NHC Stock Data

1.41B
12.32M
19.6%
57.86%
3.38%
General Medical and Surgical Hospitals
Health Care and Social Assistance
Link
United States of America
MURFREESBORO

About NHC

national healthcare corporation (nhc) has been providing the best in senior care for almost 50 years. at nhc, we believe that care should respect the individual, promote recovery, wellbeing and independence. we believe in celebrating life every day at our centers.in nhc communities, we currently operate 75 skilled nursing centers, 25 assisted living communities, a behavioral health hospital, five retirement communities and 35 homecare agencies. other services include memory care, senior care pharmacies, hospital, rehabilitation services and management and accounting services to third parties.nhc is recognized nationwide as an innovator in the delivery of quality long-term care. our goal has always been to provide a full range of extended care services, designed to maximize the wellbeing and independence of patients of all ages. we are dedicated to meeting patient needs through an interdisciplinary approach combining compassionate care with cost-effective health care services.