Medical Facilities Corp (TSE:DR) declared a monthly dividend on Wednesday, November 29th, TickerTech reports. Investors of record on Friday, December 15th will be paid a dividend of 0.0938 per share on Friday, December 15th. This represents a $1.13 annualized dividend and a yield of 8.59%. The ex-dividend date is Wednesday, November 29th.

Shares of Medical Facilities (TSE DR) traded down C$0.08 during trading hours on Tuesday, reaching C$13.11. The company had a trading volume of 107,813 shares, compared to its average volume of 125,920. Medical Facilities has a twelve month low of C$11.14 and a twelve month high of C$19.90.

A number of analysts have weighed in on DR shares. Royal Bank Of Canada decreased their price target on Medical Facilities from C$15.00 to C$14.00 and set a “sector perform” rating for the company in a report on Tuesday, October 31st. Canaccord Genuity decreased their price target on Medical Facilities from C$17.00 to C$14.50 in a report on Tuesday, August 8th. National Bank Financial decreased their price target on Medical Facilities from C$16.50 to C$15.00 and set a “sector perform” rating for the company in a report on Wednesday, August 9th. CIBC decreased their price target on Medical Facilities from C$18.25 to C$16.00 and set a “neutral” rating for the company in a report on Friday, August 11th. Finally, TD Securities decreased their price target on Medical Facilities from C$21.00 to C$19.00 and set a “buy” rating for the company in a report on Friday, August 11th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of C$14.80.

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Medical Facilities Company Profile

Medical Facilities Corporation is a Canada-based company, which owns interests in over six entities (the Centers), approximately five of which either own a specialty surgical hospital (SSH) or an ambulatory surgery center (ASC). The Company’s Centers offer facilities, such as staff, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging and diagnostic procedures.

Dividend History for Medical Facilities (TSE:DR)

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