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HealthSouth Declares Dividend on 6.5 Percent Series A Convertible Perpetual Preferred Stock
Posted by: gurufocus (IP Logged)
Date: December 18, 2008 04:03PM

Press Release: HealthSouth Declares Dividend on 6.5 Percent Series A Convertible Perpetual Preferred Stock HEALTHSOUTH Corp. is the one of the nation's largest providers of outpatient surgery and rehabilitative healthcare services. The company provides these services through its national network of inpatient and outpatient healthcare facilities including inpatient and outpatient rehabilitation facilities outpatient surgery centers diagnostic centers occupational medicine centers medical centers and other healthcare facilities. HEALTHSOUTH Corp. has a market cap of $841.06 million; its shares were traded at around $9.5 with a P/E ratio of 19.1 and P/S ratio of 0.48. HEALTHSOUTH Corp. had an annual average earning growth of 9.2% over the past 5 years.

More on HLS: Gurus buys and sells of HLS 10-year financial history of HLS. Insider buys/sells of HLS.

Press Release:

BIRMINGHAM, Ala., Dec. 18 /PRNewswire-FirstCall/ -- HealthSouthCorporation (NYSE: HLS) announced today that its board of directors hasdeclared a regular quarterly dividend of $16.25 per share on its 6.5 percentSeries A Convertible Perpetual Preferred Stock, payable on Jan. 15, 2009, toholders of record on Jan. 1, 2009.

About HealthSouth

HealthSouth is the nation's largest provider of inpatient rehabilitationservices. Operating in 26 states across the country and in Puerto Rico,HealthSouth serves more than 250,000 patients annually through its network ofinpatient rehabilitation hospitals, long-term acute care hospitals, outpatientrehabilitation satellites, and home health agencies. HealthSouth strives to bethe nation's preeminent provider of inpatient rehabilitation services and canbe found on the Web at www.healthsouth.com.

Media Contact
    Andy Brimmer, 205-410-2777
    Investor Relations Contact
    Mary Ann Arico, 205-969-6175
    maryann.arico@healthsouth.com

Source: PRNewsWire

More on HLS: Gurus buys and sells of HLS 10-year financial history of HLS. Insider buys/sells of HLS.



Stocks Discussed: HLS,
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