Diversicare Healthcare Services Inc (NASDAQ:DVCR) declared a quarterly dividend on Thursday, November 2nd, Zacks reports. Shareholders of record on Sunday, December 31st will be given a dividend of 0.055 per share on Monday, January 15th. This represents a $0.22 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend is Thursday, December 28th.
Diversicare Healthcare Services (DVCR) traded up $0.20 during trading hours on Friday, hitting $10.35. 296 shares of the company’s stock traded hands, compared to its average volume of 3,051. The firm has a market capitalization of $67.62, a P/E ratio of 24.64 and a beta of 0.64. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 6.25. Diversicare Healthcare Services has a fifty-two week low of $8.40 and a fifty-two week high of $12.25.
Separately, ValuEngine downgraded shares of Diversicare Healthcare Services from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th.
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About Diversicare Healthcare Services
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.
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