Medical Facilities Co. (OTCMKTS:MFCSF – Get Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.25 and traded as high as $10.96. Medical Facilities shares last traded at $10.87, with a volume of 1,737 shares changing hands.
Medical Facilities Stock Up 1.6 %
The company’s 50 day simple moving average is $10.25 and its 200 day simple moving average is $9.66.
Medical Facilities Increases Dividend
The company also recently announced a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.0663 dividend. This represents a yield of 2.62%. The ex-dividend date was Friday, September 27th. This is an increase from Medical Facilities’s previous dividend of $0.06. Medical Facilities’s dividend payout ratio is presently 110.58%.
About Medical Facilities
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company’s specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.
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