Medical Facilities Corp. announced it would pay qualified shareholders a monthly dividend of $0.09 per share payable Dec. 15, The Ledger Gazette reports.
Here's what you should know:
1. The most recent dividend raises MFC's annualized divided to $1.13. That's a dividend yield of 8.33 percent.
2. The dividend will be paid to all stockholders of record as of Dec. 15. MFC is among the most consistent dividend-issuing companies.
3. Medical Facilities Corp. is currently trading at $13.51 CAD ($10.51).
4. Stock analysts have issued an average "hold" rating for the stock. Analysts' average price target is $14.80 CAD ($11.52).