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NHC Reports Year End Earnings

Posted 02/15/2017

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded long-term health care company, today announced net operating revenues for the year ended December 31, 2016 totaled $926,638,000 compared to $906,622,000 for the year ended December 31, 2015, an increase of 2.2%. For the year ended December 31, 2016, net income available to common shareholders was $50,538,000 compared to $46,324,000 for the 2015 year, an increase of 9.1%. Excluding the operating losses from the two newly constructed skilled nursing facilities and two assisted living facilities placed in service in 2016 and 2015, net income available to common shareholders for … read more >>




NHC Announces Common Dividend

Posted 02/10/2017

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 45 cents per common share to shareholders of record on March 31, 2017 and payable on June 1, 2017. View as … read more >>




Stephen F. Flatt Appointed to NHC Board of Directors

Posted 11/08/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC) announced today the appointment of Stephen F. Flatt as an inside director of the Company's Board of Directors, effective January 1, 2017. As was previously announced on August 8, 2016, Dr. Flatt will also assume the position of CEO on January 1, 2017. In connection with the appointment of Dr. Flatt, the Board approved the expansion of the Board to eight directors, five of whom are independent directors. Dr. Flatt will be presented to the shareholders for reelection to a two year term at the 2017 Annual Meeting of Shareholders. Dr. Flatt joined NHC in 2005 as Senior Vice … read more >>




NHC Announces Common Dividend

Posted 11/04/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 45 cents per common share to shareholders of record on December 30, 2016 and payable on March 1, 2017. View as … read more >>




NHC Reports Third Quarter Earnings

Posted 11/03/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded senior health care company, today announced net income available to common shareholders for the quarter ended September 30, 2016 of $11,110,000 compared to $10,415,000 for the quarter ended September 30, 2015, an increase of 6.7%. Excluding the operating losses from the two newly constructed skilled nursing facilities, two assisted living facilities, and one memory care facility placed in service in 2015 and 2016, net income available to common shareholders for the quarter ended September 30, 2016 would have been $12,947,000. Net operating revenues for the three months … read more >>




NHC Announces $25 Million Stock Repurchase Program

Posted 08/09/2016

MURFREESBORO, Tenn. - National HealthCare Corporation (NYSE MKT: NHC), announces that its Board of Directors, at a regularly scheduled meeting, has authorized a new stock repurchase program. The program will allow for repurchases of up to $25 million of its common stock. The new stock repurchase plan will begin September 1, 2016 and will expire on August 31, 2017. The stock repurchase plan replaces the stock repurchase plan previously approved by the Board of Directors on May 7, 2015. Repurchases may be made under the previous plan until August 31, 2016. Under the stock repurchase program, the Company may repurchase its common stock from time to time, in amounts and … read more >>




NHC Board Names Steve Flatt as Next CEO – Mike Ussery to Become President, Effective January 1, 2017

Posted 08/08/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded senior health care company, today announced the appointment of Stephen F. Flatt as CEO and R. Michael Ussery as President and Chief Operating Officer. As previously announced on May 4, 2016, Robert G. Adams plans to retire as Chief Executive Officer, effective December 31, 2016, but will remain as non-executive Chairman of the Board. Stephen F. Flatt currently serves as President of NHC and Mr. Ussery currently serves as Chief Operating Officer of NHC. Robert Adams stated, "I am excited to have Steve and Mike increase their leadership positions within … read more >>




NHC Announces Common Dividend

Posted 08/05/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 45 cents per common share to shareholders of record on September 30, 2016 and payable on December 1, 2016. View as PDF … read more >>




NHC Reports Second Quarter Earnings

Posted 08/05/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded senior health care company, today announced net income available to common shareholders for the quarter ended June 30, 2016 of $11,866,000 compared to $10,191,000 for the quarter ended June 30, 2015, an increase of 16.4%. Excluding the operating losses from the newly constructed skilled nursing facility, assisted living facility, and memory care facility placed in service less than twelve months ago, net income available to common shareholders for the quarter ended June 30, 2016 would have been $12,312,000. Net operating revenues for the three months ended June 30, 2016 … read more >>




Robert Adams to Retire as CEO of NHC, Remain as Chairman

Posted 05/04/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded senior health care company, today announced that Robert Adams plans to retire as Chief Executive Officer, effective December 31, 2016. Mr. Adams will remain as non-executive Chairman of the Board following his retirement. The Board of Directors plans to develop a transition plan and will initiate a search of internal and external candidates for Mr. Adams' replacement soon. Mr. Adams has served as the Company's CEO since 2004 and has been with NHC for over 40 years. Richard F. LaRoche, Jr., Chairman of the Audit Committee stated, "The entire Board expresses its … read more >>




NHC Announces 12.5% Increase in Common Dividend

Posted 05/03/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 45 cents per common share to shareholders of record on June 30, 2016 and payable on September 1, 2016. This represents a12.5% increase over last quarter's regular common dividend. View as PDF … read more >>




NHC Reports First Quarter Earnings

Posted 05/03/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded long-term health care company, today announced net income available to common shareholders for the quarter ended March 31, 2016 of $13,699,000 compared to $11,074,000 for the quarter ended March 31, 2015, an increase of 23.7%. The increase in net income available to common shareholders is primarily due to the favorable refinance and redemption of the Company's preferred stock during the fourth quarter of 2015. Excluding the operating losses from the newly constructed skilled nursing facility and assisted living facility placed in service less than twelve months ago, net … read more >>




NHC Reports Year End Earnings

Posted 02/22/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded long-term health care company, today announced net operating revenues for the year ended December 31, 2015 totaled $906,622,000 compared to $871,683,000 for the year ended December 31, 2014, an increase of 4.0%. For the year ended December 31, 2015, net income available to common shareholders was $46,324,000, or $3.34 per share basic, compared to $44,699,000, or $3.24 per share basic, for the 2014 year. Excluding the operating losses from the newly constructed skilled nursing facilities and assisted living facility placed in service less than twelve months ago, net … read more >>




NHC Announces Common Dividend

Posted 02/12/2016

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 40 cents per common share to shareholders of record on March 31, 2016 and payable on June 1, 2016. View as PDF … read more >>




NHC Announces Common dividend

Posted 11/05/2015

NHC Announces Common Dividend MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 40 cents per common share to shareholders of record on December 31, 2015 and payable on March 1, 2016. View as PDF … read more >>




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