National HealthCare (NYSEAMERICAN:NHC) Shares Cross Above 200 Day Moving Average - Here's What Happened

Key Points

• National HealthCare Corporation (NYSEAMERICAN:NHC) shares have crossed above their 200-day moving average, achieving a high of $115.94 during trading before settling at $114.98.
• The company declared a quarterly dividend of $0.64 per share, with an annualized dividend total of $2.56 and a yield of 2.2%, payable on October 31st.
• National HealthCare has a market capitalization of $1.78 billion and a PE ratio of 17.14, indicating strong financial fundamentals.

National HealthCare Corporation (NYSEAMERICAN:NHC - )'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $115.94. National HealthCare shares last traded at $114.98, with a volume of 56,708 shares changing hands.

National HealthCare Trading Down 0.3%

The company's fifty day moving average price is $104.94. The firm has a market capitalization of $1.78 billion, a PE ratio of 17.14 and a beta of 0.58.

National HealthCare Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.64 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.56 annualized dividend and a dividend yield of 2.2%. National HealthCare's dividend payout ratio (DPR) is currently 59.12%.

About National HealthCare

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.

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