The Ensign Group Increases Quarterly Dividend 12.5%
"The increased dividend is consistent with our improved earnings, strong cash flow and additional growth in 2008," commented Ensign President and Chief Executive Officer Christopher Christensen. "It reflects our continued confidence in our operating model, and in our ability to return value to our shareholders in a difficult economy," he added.
Ensign has been a dividend-paying company since 2002.
The Ensign Group, Inc.'s operating subsidiaries provide a broad spectrum of skilled nursing and assisted living services, physical, occupational and speech therapies, and other rehabilitative and healthcare services for both long-term residents and short-stay rehabilitation patients, at 63 facilities located in California, Arizona, Texas, Washington, Utah and Idaho. More information about Ensign is available at http://www.ensigngroup.net.
SOURCE The Ensign Group, Inc.
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