AdCare Health Systems (ADK) Declares $0.05 Quarterly Dividend; 4.7% Yield
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AdCare Health Systems Reports Substantial Progress in its Strategic Transition; Declares Cash Dividend and Reconstitutes Board of Directors
March 31, 2015 4:02 PM EDTATLANTA, March 31, 2015 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK), (NYSE MKT: ADK.PRA) a recognized provider of senior living and healthcare facility management, today announced substantial progress in the company's strategic transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company, with 35 of the company's 40 properties leased or sub-leased. As a result of this progress, the Board of Directors declared a cash dividend on the common stock. The company also announced... More
AdCare Health Systems Reports Fourth Quarter and Full-Year 2014 Results
March 31, 2015 4:01 PM EDTATLANTA, March 31, 2015 /PRNewswire/ --AdCare Health Systems, Inc. (NYSE MKT: ADK), (NYSE MKT: ADK.PRA) a recognized provider of senior living and healthcare facility management, today reported results for the fourth quarter and year ended December 31, 2014. The company also provided an update on its transition to a healthcare facilities holding and leasing company.
Business and Financial Highlights
As of April 1, 2015, the company will have entered into agreements to lease, sublease, or manage 35 of its 40 healthcare facilities. With respect to these 35 healthcare... More