HealthStream, Inc. (HSTM) to Distribute Quarterly Dividend of $0.04 on August 28th

HealthStream, Inc. (NASDAQ:HSTMGet Free Report) announced a quarterly dividend on Monday, August 3rd. Shareholders of record on Monday, August 17th will be paid a dividend of 0.035 per share by the technology company on Friday, August 28th. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, August 17th.

HealthStream has a dividend payout ratio of 20.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect HealthStream to earn $0.80 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 17.5%.

HealthStream Trading Up 5.2%

Shares of HealthStream stock opened at $29.80 on Wednesday. The stock has a market capitalization of $870.76 million, a price-to-earnings ratio of 44.48, a P/E/G ratio of 3.21 and a beta of 0.44. The firm’s 50-day moving average price is $27.00 and its two-hundred day moving average price is $23.41. HealthStream has a 1-year low of $19.50 and a 1-year high of $31.11.

HealthStream (NASDAQ:HSTMGet Free Report) last posted its earnings results on Monday, August 3rd. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.06. The company had revenue of $83.73 million during the quarter, compared to analysts’ expectations of $80.82 million. HealthStream had a net margin of 6.60% and a return on equity of 6.83%. As a group, equities research analysts predict that HealthStream will post 0.74 EPS for the current year.

HealthStream Company Profile

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HealthStream, Inc is a Nashville, Tennessee–based provider of workforce development and learning management solutions for healthcare organizations. Since its founding in 1990, the company has focused on helping hospitals, clinics and other care providers streamline staff training, ensure regulatory compliance and monitor employee performance. HealthStream’s platform integrates online courses, skill competency assessments and credential management tools to support workforce readiness across the healthcare continuum.

The company’s core offerings include a learning management system (LMS) designed specifically for clinical and nonclinical personnel, a competency management suite that tracks skill acquisition and validation, and a content library featuring evidence-based clinical and compliance training modules.

See Also

Dividend History for HealthStream (NASDAQ:HSTM)

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