Kindred Healthcare suspends dividend
Kindred Healthcare (KHD) will suspend its dividend.
In its press release Kindred states that the company will discontinue its cash dividend following the March 31, 2017 payment and will redirect the funds to repay debt and invest in growth.
The last quarterly dividend of $0.12 per share will be paid on March 31, 2017 to common shareholders of record as of the close of business on March 13, 2017.
Kindred Healthcare, Inc. is a healthcare services company. The company operates through four divisions, including the hospital division, the Kindred at Home division, the Kindred Rehabilitation Services division and the nursing center division.
In its press release Kindred states that the company will discontinue its cash dividend following the March 31, 2017 payment and will redirect the funds to repay debt and invest in growth.
The last quarterly dividend of $0.12 per share will be paid on March 31, 2017 to common shareholders of record as of the close of business on March 13, 2017.
Kindred Healthcare, Inc. is a healthcare services company. The company operates through four divisions, including the hospital division, the Kindred at Home division, the Kindred Rehabilitation Services division and the nursing center division.
.jpg)