NHC Reports 2019 Year End Earnings
MURFREESBORO, Tenn. — National HealthCare Corporation (NYSE American: NHC), the nation’s oldest publicly traded senior health care company, announced today net operating revenues for the year ended December 31, 2019 totaled $996,383,000 compared to $980,349,000 for the year ended December 31, 2018, an increase of 1.6%. For the year ended December 31, 2019, reported GAAP net income attributable to NHC was $68,211,000 compared to $58,964,000 for the 2018 year, an increase of 15.7%. Excluding the unrealized gains in our marketable equity securities portfolio and other non-GAAP adjustments, adjusted net income for the year ended December 31, 2019 was $59,616,000 compared to $64,373,000 for the 2018 year(1).
NHC Announces Common Dividend
MURFREESBORO, Tenn. — 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 52 cents per common share to shareholders of record on December 31, 2019 and payable on February 3, 2020.
NHC Reports Third Quarter 2019 Earnings
MURFREESBORO, Tenn. — National HealthCare Corporation (NYSE American: NHC), the nation’s oldest publicly traded senior health care company, announced today net operating revenues for the quarter ended September 30, 2019 totaled $247,067,000 compared to $246,326,000 for the quarter ended September 30, 2018, an increase of 0.3%.
MURFREESBORO, Tenn. – National HealthCare Corporation (NYSE American: 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, 2019 and will expire on August 31, 2020. The stock repurchase plan replaces the stock repurchase plan previously approved by the Board of Directors on August 9, 2018. Repurchases may be made under the previous plan until August 31, 2019.