On 6/12/14, National Healthcare Corp.'s Series A Convertible Preferred Stock (Symbol: NHC.PRA) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 7/15/14. As a percentage of NHC.PRA's recent share price of $14.99, this dividend works out to approximately 1.33%, so look for shares of NHC.PRA to trade 1.33% lower - all else being equal - when NHC.PRA shares open for trading on 6/12/14. On an annualized basis, the current yield is approximately 5.34%, which compares to an average yield of 3.42% in the "Healthcare" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of NHC.PRA shares, versus NHC:
Below is a dividend history chart for NHC.PRA, showing historical dividends prior to the most recent $0.20 on National Healthcare Corp.'s Series A Convertible Preferred Stock:
In Tuesday trading, National Healthcare Corp.'s Series A Convertible Preferred Stock (Symbol: NHC.PRA) is currently trading flat on the day, while the common shares (Symbol: NHC) are off about 0.9%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
