HealthSouth Corp(NYSE:HLS) Declares Dividend of $0.2400.

HealthSouth Corp (NYSE:HLS) had declared a cash dividend of $0.2400 on Jul 21, 2016. The shares will quote ex-dividend on Sep 29, 2016 and the record date has been fixed for Oct 3, 2016. On Jul 21, 2016 share price, the yield comes out to be 2.3616%. The dividend payable date has been fixed on Oct 17, 2016.

In a different note, On Jun 27, 2016, Barclays said it Downgrades its rating on HealthSouth Corp. In the research note, the firm Lowers the price-target to $45.00 per share. The shares have been rated ‘Underweight’ by the firm.

HealthSouth Corp (HLS) made into the market gainers list on Wednesdays trading session with the shares advancing 0.67% or 0.27 points. Due to strong positive momentum, the stock ended at $40.65, which is also near the day’s high of $40.79. The stock began the session at $40.62 and the volume stood at 6,35,574 shares. The 52-week high of the shares is $48.37 and the 52 week low is $30.26. The company has a current market capitalization of $3,659 M and it has 9,00,14,022 shares in outstanding.

HealthSouth Corp(HLS) last announced its earnings results on Apr 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $909.80M. Analysts had an estimated revenue of $892.88M. Earnings per share were $0.61. Analysts had estimated an EPS of $0.55.

Several Insider Transactions has been reported to the SEC. On May 2, 2016, Cheryl B. Levy (Chief Human Resources Officer) sold 11,000 shares at $41.44 per share price.Also, On Mar 2, 2016, Edmund Fay (Sr. Vice Pres. and Treasurer) sold 16,240 shares at $35.50 per share price.On Jan 12, 2016, John Chidsey (director) purchased 799 shares at $35.78 per share price, according to the Form-4 filing with the securities and exchange commission.

HealthSouth Corporation (HealthSouth) is an owner and operator of inpatient rehabilitation hospitals. The Company’s inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses which include physical and cognitive disabilities or injuries due to medical conditions such as strokes hip fractures head injuries spinal cord injuries and a variety of debilitating neurological conditions. HealthSouth operates in around 33 states across the United States and in Puerto Rico and serves patients through its network of inpatient rehabilitation hospitals home health agencies and hospice agencies. The Company’s inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses. As of December 31 2014 the Company operated 107 inpatient rehabilitation hospitals. The Company’s inpatient hospitals are concentrated in the eastern half of the United States and Texas.

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