Encompass Health Corporation (NYSE:EHC – Get Free Report) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.19 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, July 1st.
Encompass Health has decreased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 2 years. Encompass Health has a dividend payout ratio of 13.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Encompass Health to earn $6.46 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 11.8%.
Encompass Health Trading Down 0.9%
Shares of NYSE EHC opened at $106.20 on Friday. Encompass Health has a 12 month low of $92.77 and a 12 month high of $127.99. The company has a market cap of $10.54 billion, a price-to-earnings ratio of 17.73, a P/E/G ratio of 2.33 and a beta of 0.72. The company has a quick ratio of 1.08, a current ratio of 1.17 and a debt-to-equity ratio of 0.76. The business has a fifty day simple moving average of $103.05 and a 200-day simple moving average of $107.07.
About Encompass Health
Encompass Health Corporation is a leading provider of post‐acute healthcare services in the United States, operating a comprehensive network of inpatient rehabilitation hospitals and home health and hospice agencies. Its inpatient rehabilitation hospitals offer intensive therapy programs for patients recovering from conditions such as stroke, brain injury, spinal cord injury, cardiac and pulmonary disorders, and orthopedic procedures. Through its home health segment, Encompass Health delivers skilled nursing, physical therapy, occupational therapy and speech therapy to patients in the comfort of their homes, while its hospice services provide end‐of‐life care focused on symptom management and emotional support for patients and families.
Founded in 1984 as HealthSouth Corporation and rebranded as Encompass Health in 2018, the company has grown organically and through acquisitions to serve patients across more than 30 states.
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