Diversicare Healthcare Services Inc (NASDAQ:DVCR) announced a quarterly dividend on Friday, August 4th, Wall Street Journal reports. Investors of record on Saturday, September 30th will be given a dividend of 0.055 per share on Monday, October 16th. This represents a $0.22 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Thursday, September 28th.

Diversicare Healthcare Services (NASDAQ DVCR) traded down 5.96% during midday trading on Friday, hitting $9.30. The company had a trading volume of 7,735 shares. The stock has a 50 day moving average price of $9.57 and a 200 day moving average price of $9.99. Diversicare Healthcare Services has a 52 week low of $6.41 and a 52 week high of $12.82. The company’s market capitalization is $60.06 million.

Diversicare Healthcare Services (NASDAQ:DVCR) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.07 earnings per share (EPS) for the quarter. Diversicare Healthcare Services had a return on equity of 44.94% and a net margin of 0.95%. Equities analysts forecast that Diversicare Healthcare Services will post $0.19 earnings per share for the current fiscal year.

Separately, TheStreet raised Diversicare Healthcare Services from a “d+” rating to a “c” rating in a research report on Wednesday, May 17th.

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Diversicare Healthcare Services Company Profile

Diversicare Healthcare Services, Inc provides post-acute care services to nursing center patients and residents in approximately nine states, primarily in the Southeast and the Southwest United States. The Company’s post-acute care services to patients and residents include skilled nursing, ancillary healthcare services and assisted living.

Dividend History for Diversicare Healthcare Services (NASDAQ:DVCR)

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