Encompass Health Corporation (NYSE:EHC) Plans Quarterly Dividend of $0.21

Encompass Health Corporation (NYSE:EHC) declared a quarterly dividend on Thursday, July 23rd. Shareholders of record on Thursday, October 1st will be paid a dividend of 0.21 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, October 1st. This is a 10.5% increase from Encompass Health’s previous quarterly dividend of $0.19.

Encompass Health has decreased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Encompass Health has a payout ratio of 13.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Encompass Health to earn $6.45 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 11.8%.

Encompass Health Stock Performance

EHC stock traded up $0.07 during trading hours on Thursday, hitting $111.09. 423,426 shares of the stock were exchanged, compared to its average volume of 1,092,466. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $11.02 billion, a P/E ratio of 18.55, a P/E/G ratio of 2.44 and a beta of 0.74. The company has a 50-day simple moving average of $104.77 and a two-hundred day simple moving average of $103.70. Encompass Health has a 12 month low of $92.77 and a 12 month high of $127.99.

Encompass Health (NYSE:EHC) last announced its earnings results on Thursday, April 30th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.09. Encompass Health had a net margin of 10.04% and a return on equity of 18.28%. The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter in the previous year, the business posted $1.37 earnings per share. Encompass Health’s quarterly revenue was up 9.0% on a year-over-year basis. Encompass Health has set its FY 2026 guidance at 5.890-6.110 EPS. On average, analysts forecast that Encompass Health will post 5.96 earnings per share for the current fiscal year.

About Encompass Health

Encompass Health Corporation is a leading provider of post‐acute healthcare services in the United States, operating a comprehensive network of inpatient rehabilitation hospitals and home health and hospice agencies. Its inpatient rehabilitation hospitals offer intensive therapy programs for patients recovering from conditions such as stroke, brain injury, spinal cord injury, cardiac and pulmonary disorders, and orthopedic procedures. Through its home health segment, Encompass Health delivers skilled nursing, physical therapy, occupational therapy and speech therapy to patients in the comfort of their homes, while its hospice services provide end‐of‐life care focused on symptom management and emotional support for patients and families.

Founded in 1984 as HealthSouth Corporation and rebranded as Encompass Health in 2018, the company has grown organically and through acquisitions to serve patients across more than 30 states.