NHC Increase Quarterly Dividend From $0.59 To $0.61 Per Share
Portfolio Pulse from Benzinga Newsdesk
National HealthCare Corporation (NYSE:NHC) announced a 3.4% increase in its quarterly dividend, from $0.59 to $0.61 per share, payable on August 1, 2024, to shareholders of record on June 28, 2024.
May 09, 2024 | 9:44 pm
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National HealthCare Corporation increased its quarterly dividend to $0.61 per share, marking a 3.4% rise from the previous dividend.
Dividend increases are generally viewed positively by the market as they signal a company's confidence in its financial stability and future earnings. For NHC, this increase in dividends could attract income-focused investors and potentially lead to a short-term uptick in its stock price.
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