NHC Announces Common Dividend
09 August 2024 - 9:00AM
Business Wire
National HealthCare Corporation (NYSE American: NHC), the
nation’s oldest publicly traded long-term health care company,
announced today that it will pay a quarterly dividend of 61 cents
per common share to shareholders of record on September 30, 2024
and payable on November 1, 2024.
Forward-Looking Statements
Statements in this press release that are not historical facts
are forward-looking statements. NHC cautions investors that any
forward-looking statements made involve risks and uncertainties and
are not guarantees of future performance. The risks and
uncertainties are detailed from time to time in reports filed by
NHC with the S.E.C., including Forms 8-K, 10-Q and 10-K, and
include, among others, the following: liabilities and other claims
asserted against us and patient care liabilities, as well as the
resolution of current litigation; availability of insurance and
assets for indemnification; national and local economic conditions;
including their effect on the availability and cost of labor,
utilities and materials; the effect of government regulations and
changes in regulations governing the healthcare industry, including
our compliance with such regulations; changes in Medicare and
Medicaid payment levels and methodologies and the application of
such methodologies by the government and its fiscal intermediaries,
the ability of third parties for whom we have guaranteed debt to
refinance certain short term debt obligations; and other factors
referenced or incorporated by reference in the S.E.C. filings. The
risks included here are not exhaustive. All forward-looking
statements represent NHC’s best judgment as of the date of this
release.
About NHC
As of August 1, 2024, NHC affiliates operate for themselves and
third parties 80 skilled nursing facilities with 10,349 beds. NHC
affiliates also operate 26 assisted living communities with 1,413
units, nine independent living communities with 778 units, three
behavioral health hospitals, 34 homecare agencies, and 30 hospice
agencies. NHC’s other services include Alzheimer’s and memory care
units, pharmacy services, a rehabilitation services company, and
providing management and accounting services to third party
post-acute operators. Other information about the company can be
found on our web site at www.nhccare.com.
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Brian F. Kidd, SVP/CFO Phone: (615) 890-2020
National HealthCare (AMEX:NHC)
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