Encompass Health Declares Dividend on Common Stock

Rhea-AI Summary

Encompass Health (NYSE: EHC) has announced a quarterly cash dividend on its common stock. The board of directors has declared a dividend of $0.17 per share, which will be payable on January 15, 2025. Shareholders who are holders of record on January 2, 2025, will be eligible to receive this dividend.

Positive

• Consistent dividend payment indicates financial stability
• Dividend provides income for shareholders

Negative

• None.

BIRMINGHAM, Ala., Oct. 17, 2024 /PRNewswire/ -- Encompass Health Corporation (NYSE: EHC) today announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.17 per share, payable on Jan. 15, 2025, to holders of record on Jan. 2, 2025.

About Encompass Health
Encompass Health (NYSE: EHC) is the largest owner and operator of rehabilitation hospitals in the United States. With a national footprint that includes 165 hospitals in 38 states and Puerto Rico, the Company provides high-quality, compassionate rehabilitative care for patients recovering from a major injury or illness, using advanced technology and innovative treatments to maximize recovery. Encompass Health is ranked as one of Fortune's World's Most Admired Companies and Becker's Hospital Review's 150 Top Places to Work in Healthcare. For more information, visit encompasshealth.com, or follow us on our newsroom, Twitter, Instagram and Facebook.

Forward-Looking Statements
Statements contained in this press release which are not historical facts, such as the timing and amounts of dividends, are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, Encompass Health, through its senior management, may from time to time make forward-looking public statements concerning the matters described herein. All such estimates, projections, and forward-looking statements speak only as of the date hereof, and Encompass Health undertakes no duty to publicly update or revise such forward-looking statements, whether as a result of new information, future events, or otherwise. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. Actual events or results may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. While it is impossible to identify all such factors, factors which could cause actual events or results to differ materially from those estimated by Encompass Health include, but are not limited to, the legal, regulatory and administrative developments that occur at the federal, state and local levels; general conditions in the economy and capital markets, including any instability or uncertainty related to armed conflict, an act of terrorism or natural disaster, governmental impasse over approval of the United States federal budget, an increase in the debt ceiling, or an international sovereign debt crisis; Encompass Health's ability to comply with extensive, complex, and ever-changing regulations in the healthcare industry; potential disruptions, breaches, or other incidents affecting the proper operation, availability, or security of Encompass Health's or its vendors' or partners' information systems; changes, delays in (including in connection with resolution of Medicare payment reviews or appeals), or suspension of reimbursement for Encompass Health's services by governmental or private payors; and other factors which may be identified from time to time in Encompass Health's SEC filings and other public announcements, including Encompass Health's Form 10‑K for the year ended December 31, 2023 and Form 10-Q for the quarters ended March 31, 2024 and June 30, 2024.

Media contact:
Polly Manuel | 205-970-5912
media@encompasshealth.com

Investor Relations contact:
Mark Miller | 205-970-5860
mark.miller@encompasshealth.com   

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SOURCE Encompass Health Corp.

FAQ

What is the amount of Encompass Health's quarterly dividend for 2025?

Encompass Health (EHC) has declared a quarterly cash dividend of $0.17 per share for 2025.

When will Encompass Health (EHC) pay its next dividend?

Encompass Health will pay its next dividend on January 15, 2025.

What is the record date for Encompass Health's upcoming dividend?

The record date for Encompass Health's upcoming dividend is January 2, 2025.

How often does Encompass Health (EHC) pay dividends?

Based on the announcement of a quarterly dividend, Encompass Health appears to pay dividends on a quarterly basis.