Healthcare Services Q1 Net Jumps, Dividend Increased

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Healthcare Services Group's  (NASDAQ: HCSG  ) results for the first quarter have been released: Revenue was just under $274 million, an improvement over the $261 million in the same period the previous year. Net income advanced much more robustly, by 74%, on a year-over-year basis to land at nearly $15 million ($0.22 per diluted share). Q1 2012's bottom line was $8.6 million ($0.13).

Analysts had expected revenue of almost $276 million and EPS of $0.19.

Healthcare Services also announced a boost in its common stock dividend. The company will pay $0.1675 per share on June 14 to stockholders of record as of May 10, trumping its previous payout of $0.1663 per share. The new dividend annualizes to $0.67, yielding 2.7% at the current stock price of $24.51.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2354819, ~/Articles/ArticleHandler.aspx, 9/27/2016 6:42:35 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,228.30 133.47 0.74%
S&P 500 2,159.93 13.83 0.64%
NASD 5,305.71 48.22 0.92%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/27/2016 4:00 PM
HCSG $38.75 Down -0.05 -0.13%
Healthcare Service… CAPS Rating: ****