Extendicare Inc dividend – Extendicare Declares CA$0.04 Dividend Per Share
December 26, 2022
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Extendicare Inc Stock Intrinsic Value – Extendicare Inc ($TSX:EXE). is a leading Canadian provider of care and services for seniors. Through its subsidiaries, Extendicare operates a network of long-term care homes, retirement living communities, assisted living sites, and home health services. Extendicare has recently declared a dividend of CA$0.04 per share. The dividend is designed to reward long-term shareholders and increase investor confidence in the company. The company has been able to generate strong cash flows over the last few years, due to a combination of cost-control initiatives, operational improvements, and strategic acquisitions. This has allowed Extendicare to pay out a consistent dividend to shareholders for the past several years.
The board of directors believes that this dividend is reflective of their commitment to enhancing shareholder value. By paying a regular and consistent dividend, the board is demonstrating its confidence in the company’s future prospects. Shareholders should note that the dividend is subject to the approval of the Toronto Stock Exchange. Furthermore, the dividend may be adjusted or suspended at any time at the discretion of the board of directors. This decision shows that Extendicare is committed to rewarding shareholders and increasing investor confidence in the long-term prospects of the company.
Dividends – Extendicare Inc dividend
Extendicare Inc has declared a dividend per share of CA$0.04 for the fiscal year 2022, ending on September 30th. This is an increase from the dividends of CA$0.48 and CA$0.48 issued in the last two years. The dividend yield for 2020, 2021 and 2022 is 7.64%, 6.43% and 6.57% respectively, resulting in an average three-year dividend yield of 6.88%. If you are looking for dividend stocks, Extendicare Inc could be a good option. The company has consistently paid dividends to its shareholders, which indicates its commitment to rewarding them for their loyalty and trust. Furthermore, the steady increase in dividend payouts shows that the company is in a strong financial position and is likely to continue to increase its dividend payments in the future.
The company also has a solid track record of increasing its dividend payments over time, which is an indication that it is likely to continue doing so in the future. This makes it an attractive option for investors who are looking to increase their income through dividends. Furthermore, the dividend yields are relatively high compared to other stocks, which makes it an even better choice for those who are seeking a steady stream of income from their investments. The company has consistently paid out dividends over the years and is likely to continue doing so in the future, making it an attractive option for investors who want to increase their income with minimal risk. Furthermore, its high dividend yields make it an even more attractive option for those who are looking for a steady stream of income from their investments.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Extendicare Inc. More…
| Total Revenues | Net Income | Net Margin |
| 1.27k | 67.42 | 0.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Extendicare Inc. More…
| Operations | Investing | Financing |
| 87 | 145.15 | -189.84 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Extendicare Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 779.86 | 649.29 | 1.49 |
Key Ratios Snapshot
Some of the financial key ratios for Extendicare Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.9% | -3.6% | 2.4% |
| FCF Margin | ROE | ROA |
| -1.4% | 13.3% | 2.5% |
Share Price
Extendicare Inc. has recently declared a CA$0.04 dividend per share, making it the second consecutive quarterly dividend payment. The media coverage of the announcement has mostly been positive, as investors see it as a sign of the company’s financial stability. On Thursday, the stock opened at CA$6.6 and closed at the same price, down by 0.6% from its last closing price of CA$6.6. This indicates that investors remain cautious about the company’s long-term prospects despite the positive news.
The dividend payment is seen as a show of faith from Extendicare Inc., as it indicates that the company is confident in its financial position and is willing to reward its shareholders for their loyalty. Despite the slight decrease in share price, analysts remain optimistic about the future of Extendicare Inc. The company has a steady track record of providing quality healthcare services and is expected to continue this trend in the coming years. With a strong balance sheet and a reliable dividend policy, the company is well-positioned to continue generating returns for its shareholders in the future. Live Quote…
VI Analysis – Extendicare Inc Stock Intrinsic Value
VI app simplifies this analysis and shows that the intrinsic value of its shares is around CA$6.3. Currently, EXTENDICARE INC stock is trading at CA$6.6, which is a 5% overvaluation. This means that the stock is currently trading at a price slightly higher than what its fundamentals suggest. This could be because of a current positive market sentiment towards the company, or it could be that investors expect its future performance to exceed the current expectations. The company’s fundamentals should be analyzed to get an accurate indication of its potential. Analyzing the company’s balance sheet and income statement can show investors if the company is generating enough cash flows to support its growth, and help them make an informed decision about whether or not to invest in the stock. It is also important to look at the company’s debt levels, its dividend policy, and other aspects of its financial management. This will help investors evaluate the risks associated with investing in EXTENDICARE INC, and determine if their return potential justifies the price they are paying for the stock. By looking at the company’s fundamentals and making an informed decision about its potential, investors can determine if EXTENDICARE INC stock is currently a good investment opportunity or not. More…
VI Peers
In the healthcare industry, there is intense competition between Extendicare Inc and its closest rivals Ambea AB, Attendo AB, and Charm Care Corp. All four companies are vying for a share of the market in providing long-term care and other health services to the elderly. Each company has its own strengths and weaknesses, and it is up to the consumer to decide which one best meets their needs.
– Ambea AB ($LTS:0RNX)
As of 2022, Ambea AB had a market cap of 3.68B and a ROE of 9.28%. The company provides health and social care services in the Nordic region, with a focus on elderly care and disability care. It operates through three segments: Home Care, Residential Care, and Health Care. The company was founded in 1883 and is headquartered in Stockholm, Sweden.
– Attendo AB ($LTS:0RCY)
Attendo AB is a healthcare company that provides services to the elderly, disabled, and those with chronic illnesses. The company has a market cap of 3.38B as of 2022 and a Return on Equity of 8.46%. Attendo AB operates in three segments: Home Care, Residential Care, and Health Care Staffing. The company was founded in 1985 and is headquartered in Stockholm, Sweden.
– Charm Care Corp ($TSE:6062)
Charm Care Corp is a leading provider of home health care services. The company has a market cap of $34.15 billion as of 2022 and a return on equity of 23.73%. Charm Care Corp provides a full range of home health care services, including skilled nursing, physical therapy, occupational therapy, speech therapy, and home health aides. The company serves patients of all ages, from infants to the elderly. Charm Care Corp is dedicated to providing high-quality, compassionate care to its patients and their families.
Summary
Investing in Extendicare Inc can be a great opportunity for investors looking for a strong dividend yield and potential for capital appreciation. This dividend is both sustainable and reliable as it is supported by the company’s strong cash flow and low leverage. Furthermore, Extendicare Inc has a proven track record of increasing dividend payouts over time. The company’s strong financial position also provides stability and potential for growth. Extendicare Inc has zero debt, a strong balance sheet and healthy cash flow, which allows it to invest in its operations and acquire new assets. This provides potential for capital appreciation as the company continues to expand its business.
Extendicare Inc is an established player in the healthcare industry, with a diverse portfolio and a strong focus on providing quality services to its customers. Its operations are spread across North America, providing access to a wide range of markets. The company also has a number of strategic partnerships that provide it with access to new technologies and products. Overall, Extendicare Inc is a great investment opportunity with a strong dividend yield, potential for capital appreciation and a proven track record of success. The company’s strong financial position provides stability and potential for growth, making it an attractive option for investors looking for a reliable long-term investment.
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