Kindred Healthcare (KND) Tops Q1 EPS by 13c

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Kindred Healthcare Board of Directors Declares Cash Dividend of $0.12 Per Common Share and Approves Scheduled Preferred Stock Installment Payment of $18.76 Per Preferred Share

May 4, 2016 4:35 PM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Kindred Healthcare, Inc. (Kindred or the Company) (NYSE: KND) today announced that its Board of Directors approved the payment of a cash dividend of $0.12 per common share to its common shareholders. The dividend will be paid on June 10, 2016 to common shareholders of record as of the close of business on May 18, 2016.

Kindred also today announced that its Board of Directors has approved payment in cash of the scheduled June 1, 2016 installment payment of $18.76 per share of the Companys Mandatory Redeemable Preferred Stock, Series A. The installment payment will be... More

Kindred Healthcare Reports First Quarter 2016 Results

May 4, 2016 4:31 PM EDT

Consolidated Revenues of $1.84 billion, Core EBITDAR of $247 million(1), Core Diluted EPS from Continuing Operations of $0.25(1) and Adjusted Core Diluted EPS from Continuing Operations of $0.35(1) in the First Quarter

GAAP Diluted EPS from Continuing Operations of $0.15 and EBITDAR of $233 million(1) in the First Quarter Includes Costs of $14 million Related to Litigation, Transaction, Integration, Research and Development, Impairment and Other Restructuring Costs

Solid Start to Year with Core Financial Results Above Mid-Point of Guidance

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