Select Medical Holdings Co. Announces Quarterly Dividend of $0.10 (SEM)
Select Medical Holdings (NYSE:SEM) announced a quarterly dividend on Thursday, August 7th, AnalystRatings.Net reports. Investors of record on Wednesday, August 20th will be paid a dividend of 0.10 per share on Friday, August 29th. This represents a $0.40 annualized dividend and a dividend yield of 2.54%.
Shares of Select Medical Holdings (NYSE:SEM) traded up 0.06% during mid-day trading on Thursday, hitting $15.76. The stock had a trading volume of 712,698 shares. Select Medical Holdings has a 52 week low of $7.90 and a 52 week high of $16.17. The stock has a 50-day moving average of $15.57 and a 200-day moving average of $13.50. The company has a market cap of $2.062 billion and a price-to-earnings ratio of 19.44. Select Medical Holdings also was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 2,320,269 shares, a growth of 67.9% from the June 30th total of 1,381,761 shares. Based on an average trading volume of 736,472 shares, the days-to-cover ratio is presently 3.2 days. Approximately 2.6% of the shares of the stock are sold short.
Select Medical Holdings (NYSE:SEM) last released its earnings data on Thursday, August 7th. The company reported $0.27 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.27. The company had revenue of $772.80 million for the quarter, compared to the consensus estimate of $777.16 million. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Analysts expect that Select Medical Holdings will post $0.93 EPS for the current fiscal year.
In other Select Medical Holdings news, Chairman Rocco A. Ortenzio sold 168,800 shares of the company’s stock on the open market in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $16.02, for a total transaction of $2,704,176.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States.
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