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NASHVILLE, Tenn. – HealthStream , Inc. (NASDAQ:), a leading provider of healthcare workforce solutions, announced a 12% increase in its quarterly dividend. The new dividend, which increases from $0.025 to $0.028 per share, reflects the company’s strong operating performance and strong financial position.
The increased dividend will be distributed on March 22, 2024 to shareholders registered by March 11, 2024.
HealthStream CEO 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, launched 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 to provide a suite of platform-delivered workforce solutions designed to support healthcare providers in providing excellent patient care.
This announcement is based on a press release from HealthStream, Inc.
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