Extendicare Inc. (TSE:EXE) Plans Monthly Dividend of $0.04

Extendicare Inc. (TSE:EXE) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.04 per share on Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 4.63%. The ex-dividend date is Friday, January 31st.

Extendicare Price Performance

Shares of TSE EXE opened at C$10.37 on Wednesday. Extendicare has a 1 year low of C$6.63 and a 1 year high of C$10.89. The company has a debt-to-equity ratio of 305.80, a current ratio of 0.60 and a quick ratio of 0.98. The company’s 50-day moving average is C$10.35 and its 200 day moving average is C$9.16. The stock has a market capitalization of C$865.58 million, a P/E ratio of 15.25 and a beta of 1.26.

Extendicare (TSE:EXE) last announced its quarterly earnings results on Tuesday, November 12th. The company reported C$0.19 earnings per share (EPS) for the quarter. Extendicare had a net margin of 4.28% and a return on equity of 60.00%. During the same quarter in the previous year, the company earned $0.13 EPS. On average, sell-side analysts expect that Extendicare will post 0.6134729 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on EXE shares. Royal Bank of Canada boosted their price objective on shares of Extendicare from C$9.50 to C$11.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 28th. TD Securities boosted their price objective on shares of Extendicare from C$9.50 to C$10.50 and gave the stock a “hold” rating in a research note on Thursday, November 14th.

About Extendicare

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.