Healthcare Services Group Inc. (HCSG) Declares Quarterly Dividend of $0.17
Healthcare Services Group (NASDAQ:HCSG) declared a quarterly dividend on Tuesday, July 8th, AnalystRatings.NET reports. Shareholders of record on Friday, August 22nd will be given a dividend of 0.1738 per share on Friday, September 26th. This represents a $0.70 dividend on an annualized basis and a yield of 2.29%.
On a related note, analysts at Stifel Nicolaus raised their price target on shares of Healthcare Services Group from $30.00 to $32.00 in a research note on Wednesday, April 9th. They now have a “buy” rating on the stock.
Shares of Healthcare Services Group (NASDAQ:HCSG) traded down 0.76% during mid-day trading on Tuesday, hitting $30.16. 406,879 shares of the company’s stock traded hands. Healthcare Services Group has a 52 week low of $23.61 and a 52 week high of $30.60. The stock has a 50-day moving average of $29.74 and a 200-day moving average of $28.52. The company has a market cap of $2.119 billion and a price-to-earnings ratio of 45.98.
Healthcare Services Group, Inc provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of the health care industry, including nursing homes, retirement complexes, rehabilitation centers and hospitals located throughout the United States.
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