Healthcare Services Group Stock To Go Ex-dividend Tomorrow (HCSG)

NEW YORK ( TheStreet) -- The ex-dividend date for Healthcare Services Group (Nasdaq: HCSG) is tomorrow, April 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $20.84 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for Healthcare Services Group has been 355,400 shares per day over the past 30 days. Healthcare Services Group has a market cap of $1.36 billion and is part of the services sector and diversified services industry. Shares are up 18.1% year to date as of the close of trading on Monday.

Healthcare Services Group, Inc., together with its subsidiaries, provides housekeeping, laundry, linen, facility maintenance, and dietary services to nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. The company has a P/E ratio of 37.6, above the average diversified services industry P/E ratio of 36.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Healthcare Services Group as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, robust revenue growth, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Healthcare Services Group Ratings Report.

See our dividend calendar or top-yielding stocks list.

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