Extendicare Inc. (OTCMKTS:EXETF – Get Free Report) shares dropped 2.8% during trading on Friday . The company traded as low as $7.05 and last traded at $7.05. Approximately 5,730 shares traded hands during trading, an increase of 45% from the average daily volume of 3,946 shares. The stock had previously closed at $7.25.
Extendicare Price Performance
The company’s 50 day moving average is $7.02 and its two-hundred day moving average is $6.28.
Extendicare Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a $0.0287 dividend. The ex-dividend date is Friday, November 29th. This represents a dividend yield of 4.66%. Extendicare’s dividend payout ratio is currently -185.01%.
About Extendicare
Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management, consulting, and other services to third parties.
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