Extendicare Declares Regular Dividend, Investing in Seniors' Care
Extendicare Declares New Monthly Dividend
Extendicare Inc. has announced its latest cash dividend of C$0.042 per common share for the coming month. This decision reflects the company’s commitment to providing returns to its shareholders while continuing to uphold quality services for seniors. The dividend will be distributed on a specified date to shareholders recorded just before the month’s end.
About Extendicare and Its Mission
As a recognized leader in senior care across Canada, Extendicare operates under several well-known brands, including Extendicare itself, ParaMed, and the SGP Purchasing Network. The company's primary goal is to ensure quality care for elderly individuals, enabling them to receive essential services no matter their living conditions. With a robust infrastructure consisting of 99 long-term care homes, which include both owned and managed facilities, Extendicare exemplifies its commitment to this mission.
Extensive Home Health Care Services
Extendicare stands out by providing an impressive 11.5 million hours of home health care services every year. This extensive service offering is key to fulfilling the diverse needs of Canada's senior population. By focusing on home health care, Extendicare ensures that individuals can access significant clinical support within the comfort of their own homes.
Innovative Group Purchasing Services
In addition to direct care, Extendicare extends its expertise by providing group purchasing services to third parties. This initiative serves around 149,300 beds throughout Canada, showcasing the company's reach and impact on the industry. These services not only enhance operational efficiency but also help improve the overall quality of care provided across various facilities.
The Team Behind Quality Care
Extendicare proudly boasts a dedicated workforce of roughly 28,000 professionals, all specializing in elder care. This qualified team plays a pivotal role in delivering exceptional care and service, ensuring that residents and clients receive attention tailored to their individual needs. The men and women working for Extendicare are driven by a shared passion for enhancing the lives of seniors and their families.
Shareholder Communications and Future Outlook
As part of its commitment to transparency, Extendicare communicates essential financial updates and operational strategies frequently. Such efforts ensure that all stakeholders remain informed about the company’s performance and any changes that may impact their investment. The strategic focus of Extendicare continues to emphasize sustainable growth and improving shareholder value through their established levels of dividends.
Frequently Asked Questions
What was the declared dividend per share for October?
Extendicare declared a cash dividend of C$0.042 per share for October.
When will the dividend be payable?
The dividend will be payable on a specified date in November to eligible shareholders.
What services does Extendicare provide?
Extendicare provides various care services, including long-term care, home health care, and group purchasing solutions for the elderly.
How many employees does Extendicare have?
Extendicare employs approximately 28,000 dedicated team members who are passionate about quality care for seniors.
What is the mission of Extendicare?
Extendicare's mission is to provide quality care to the growing seniors' population, meeting their needs wherever they call home.
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