Healthcare Services Group (HCSG) Declares $0.19625 Quarterly Dividend; 1.9% Yield
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Healthcare Services Group, Inc. Reports Q4 & 2018 Results, Progress On Near Term Priorities, and Q4 Cash Dividend Increase
February 5, 2019 4:15 PM ESTBENSALEM, Pa., Feb. 05, 2019 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (NASDAQ: HCSG) (the Company) reported that revenues for the three months ended December 31, 2018 were $496 million compared to $499 million for the same period in 2017. Revenues for the year ended December 31, 2018 increased to $2.01 billion compared to $1.87 billion for the same period in 2017. Net income for the quarter was $32 million, or $0.43 per basic and $0.42 per diluted common share, and segment margins in housekeeping & laundry and dining & nutrition services are estimated at 9.5% and 5.4%, respectively. Cash flow from operations for the quarter was $5 million, inclusive of the $21... More
