Medical Facilities Co. Declares Quarterly Dividend of $0.09 (TSE:DR)

Key Points

• Medical Facilities Co. has declared a quarterly dividend of $0.09 per share, scheduled for payment on October 15th to stockholders of record as of September 30th.
• The company's stock was trading at C$14.08 with a market capitalization of C$229.08 million, and it has a P/E ratio of 9.43.
• Medical Facilities Co. owns and operates a diverse portfolio of surgical facilities in the U.S., including four specialty hospitals and six ambulatory surgery centers that provide various medical procedures and services.

Medical Facilities Co. (TSE:DR - Get Free Report) announced a quarterly dividend on Thursday, August 7th, RTT News reports. Stockholders of record on Tuesday, September 30th will be given a dividend of 0.09 per share on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%.

Medical Facilities Stock Performance

Shares of TSE DR traded down C$0.91 during mid-day trading on Thursday, reaching C$14.08. 48,962 shares of the company were exchanged, compared to its average volume of 59,066. Medical Facilities has a twelve month low of C$12.98 and a twelve month high of C$17.97. The stock has a market capitalization of C$229.08 million, a P/E ratio of 9.43, a P/E/G ratio of 3.81 and a beta of 0.47. The company's 50-day simple moving average is C$15.51 and its 200-day simple moving average is C$15.85. The company has a quick ratio of 1.51, a current ratio of 1.15 and a debt-to-equity ratio of 126.06.

Medical Facilities Company Profile

Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services.

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