Medical Facilities Corp. paying monthly dividend of $0.09 per share

Medical Facilities Corp. announced it would pay qualified shareholders a monthly dividend of $0.09 per share payable Dec. 15, The Ledger Gazette reports.

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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).

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