Healthcare Services (HCSG) Reports Mixed Q1 Results; Raises Qtr. Dividend to 15.75c/Share, Yielding 3.50%

April 12, 2011 4:17 PM EDT
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Price: $22.77 -1%

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Revenues: 392.73M

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Healthcare Services Group Inc. (Nasdaq: HCSG) reports Q1 EPS of $0.12, 3 cents lower than the analyst estimate of $0.15. Revenue for the quarter came in at $208.4 million, versus the consensus estimate of $204.74 million.

Raises its quarterly dividend from 15.625c to 15.75c per common share. The dividend is payable May 13 to shareholders of record on April 22. The ex-dividend date is April 20.

With the stock closing at $18.02 Tuesday, the dividend will yield 3.50%.


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