Extendicare Inc (EXE) Trading Down 4.4%
Extendicare Inc (TSE:EXE) shares fell 4.4% during mid-day trading on Friday . The stock traded as low as C$9.29 and last traded at C$9.02. 320,749 shares were traded during trading, an increase of 96% from the average session volume of 163,970 shares. The stock had previously closed at C$9.44.
The company also recently declared a monthly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.48 annualized dividend and a yield of 5.27%. Extendicare’s payout ratio is 100.00%.
In related news, Director Timothy Louis Lukenda acquired 100,000 shares of the stock in a transaction dated Monday, September 18th. The stock was bought at an average price of C$9.23 per share, for a total transaction of C$923,000.00.
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Extendicare Inc provides senior care services in Canada. It offers long term care services; retirement living care services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities. The company also provides third party liability insurance products in the United States.
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