Dividend Growth of HealthSouth Corporation(HLS)

HealthSouth Corporation(HLS) is having a Dividend Yield of 2.27% with the Annual cash Dividend per share of $0.94. The last quarter cash dividend per share pay out was $0.24. HealthSouth Corporation has a 5 year average dividend yield of 1.45% and the stock has a Indicated annual dividend of $0.96. HealthSouth Corporation(HLS) formally announced its most recent dividend on October 20, 2016 with a Dividend per share of $0.24. The new indicated annual dividend based on announced dividend per share is $0.96. The dividend yield based on the forward looking indicated annual dividend is 2.27%. HealthSouth Corporation(HLS) has the most recent dividend payout ratio of 0.38 with a 5-year average payout ratio of 0.27. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.11. The 5 year historical dividend growth of HealthSouth Corporation(HLS) is at the rate of 10.69% while the R-Squared dividend growth is 0.9. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

HealthSouth Corporation (NYSE:HLS) witnessed a decline in the market cap on Thursday as its shares dropped 1.26% or 0.53 points. After the session commenced at $42.13, the stock reached the higher end at $42.34 while it hit a low of $41.47. With the volume soaring to 568,813 shares, the last trade was called at $41.67. The company has a 52-week high of $43.38. The company has a market cap of $3,771 million and there are 90,495,679 shares in outstanding. The 52-week low of the share price is $30.26. Shares of HealthSouth Corporation rose by 3.27% in the last five trading days and 1.73% for the last 4 weeks. HealthSouth Corporation is up 2.93% in the last 3-month period. Year-to-Date the stock performance stands at 1.04%.

Currently the company Insiders own 5% of HealthSouth Corporation shares according to the proxy statements. Institutional Investors own 98.89% of HealthSouth Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 3.88%. Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Mark J Tarr (COO) purchased 6,371 shares at 39.29 per share price.On Nov 14, 2016, Douglas E Coltharp (CFO) purchased 6,450 shares at 39.14 per share price.On May 2, 2016, Cheryl B. Levy (Chief Human Resources Officer) sold 11,000 shares at 41.44 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.HealthSouth Corp was Initiated by Piper Jaffray to Neutral on Jan 4, 2017.

HealthSouth Corp Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.60. The company had revenue of $926.80 million for the quarter, compared to analysts expectations of $915.18 million. The companys revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS.

HEALTHSOUTH Corp. is the one of the nations largest providers of outpatient surgery and rehabilitative healthcare services. The company provides these services through its national network of inpatient and outpatient healthcare facilities, including inpatient and outpatient rehabilitation facilities, outpatient surgery centers, diagnostic centers, occupational medicine centers, medical centers and other healthcare facilities.


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