© Reuters.
NASHVILLE, Tenn. – HealthStream , Inc. (NASDAQ:), a prominent provider of healthcare workforce solutions, has announced a 12% increase in its quarterly dividend. The new dividend, which rises from $0.025 to $0.028 per share, reflects the company’s solid operational performance and robust financial standing.
The increased dividend is set for distribution on March 22, 2024, to shareholders recorded by March 11, 2024.
The CEO of HealthStream, Robert A. Frist, Jr., expressed confidence in the company’s ability to deliver value to its shareholders, citing the strength of its balance sheet. The dividend program, initiated last year, is part of the company’s strategy to manage capital effectively and ensure long-term value for its investors.
HealthStream’s primary focus is on providing a suite of platform-delivered workforce solutions designed to support healthcare professionals in delivering excellent patient care.
This announcement is based on a press release statement from HealthStream, Inc.
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This story originally appeared on Investing
