MISSION VIEJO, Calif., Dec. 16, 2015 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ:ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, assisted living, home health, hospice and urgent care companies, today announced that it has declared a quarterly cash dividend of $0.04 per share of Ensign common stock, payable on or before January 31, 2016 to shareholders of record as of December 31, 2015.
"The increased dividend is consistent with our improved earnings, strong cash flow and additional growth in 2015," commented Christopher Christensen, Ensign’s President and Chief Executive Officer. “This is the thirteenth consecutive year Ensign has increased its dividend, which reflects our continued confidence in Ensign’s operating model and in our ability to return long-term value to our shareholders,” he added. Ensign has been a dividend-paying company since 2002.
The record date for this cash dividend and the payment date will occur after the company completes its previously announced two-for-one stock split, which split will be implemented by way of a stock dividend payable on or about December 23, 2015 to shareholders of record at the close of business on December 17, 2015.
About Ensign ™
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and assisted living services, physical, occupational and speech therapies, home health and hospice services, urgent care services and other rehabilitative and healthcare services at 182 facilities, thirteen hospice agencies, fifteen home health agencies, three home care businesses and seventeen urgent care clinics in California, Arizona, Texas, Washington, Utah, Idaho, Colorado, Nevada, Iowa, Nebraska, Oregon, Wisconsin, Kansas and South Carolina. More information about Ensign is available at http://www.ensigngroup.net.