Extendicare Inc dividend yield – Extendicare Inc Declares 0.04 Cash Dividend
February 17, 2023
Dividends Yield
Extendicare Inc dividend yield – On February 15 2023, Extendicare Inc ($TSX:EXE) declared a 0.04 cash dividend per share. The company has consistently issued dividends for the past three years, with an annual dividend per share of 0.48 CAD for 2020, 2021 and 2022. This translates to dividend yields of 6.57%, 6.43% and 7.64%, respectively, with an average dividend yield of 6.88%. EXTENDICARE INC may be an attractive option if you are looking for a dividend stock. The ex-dividend date for the 0.04 cash dividend is February 27 2023, meaning shareholders who purchase the stock prior to this date qualify for the dividend.
Additionally, EXTENDICARE INC has managed to steadily increase their dividends over the past three years, which may suggest that the company is in a good financial position and has good prospects for the future. Therefore, investors may want to consider investing in this dividend stock for a long-term yield.
Price History
On Wednesday, EXTENDICARE INC stock opened at CA$6.6 and closed at CA$6.7, representing an increase of 0.6% from prior day’s closing price of 6.6. The company has also declared a cash dividend of 0.04 per common share for shareholders of record as of March 30th, 2021. The dividend is payable April 30th, 2021. The company also provides a range of services including home care, nursing, pharmacy services, wellness programs, and counseling services. Live Quote…
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% |
Analysis
At GoodWhale, we recently conducted an analysis of EXTENDICARE INC’s wellbeing. Our Risk Rating for this company stands at medium risk, which means it is a viable investment in terms of financial and business aspects. For our registered users, we have also identified two risk warnings – one in its income sheet, and one in its balance sheet. As a user, you will be able to access this information, meaning you can make more informed decisions when investing. More…
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
Extendicare Inc is an attractive option for investors looking for steady dividend income. The company has consistently paid a dividend per share of 0.48 CAD for the past three years, resulting in yield levels of 6.57%, 6.43%, and 7.64% consecutively from 2020 to 2022 and an average yield of 6.88%. The consistent dividend payments make the company a reliable source of income for investors, even during volatile market conditions.
Furthermore, the stock also provides potential capital gains should the underlying business continue to perform. All things considered, Extendicare Inc is an attractive option for income-seeking and growth-oriented investors alike.
