Healthcare Services Group
HCSGHealthcare Services Group (HCSG) is a provider of food, environmental, and healthcare services to long-term care and senior living facilities. Established in 1975, the company offers customized programs to help healthcare organizations improve quality of care, operational efficiency, and resident satisfaction through comprehensive support services.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 22, 2022 | $0.21 | 2022-11-17 | 2022-11-18 |
| September 23, 2022 | $0.21 | 2022-08-18 | 2022-08-19 |
| June 24, 2022 | $0.21 | 2022-05-19 | 2022-05-20 |
| March 25, 2022 | $0.21 | 2022-02-24 | 2022-02-25 |
| December 23, 2021 | $0.21 | 2021-11-18 | 2021-11-19 |
Dividends Summary
- Consistent Payer: Healthcare Services Group has rewarded shareholders with 76 dividend payments over the past 18 years.
- Total Returned Value: Investors who held HCSG shares during this period received a total of $12.77 per share in dividend income.
- Latest Payout: The most recent dividend of $0.21/share was paid 1128 days ago, on December 22, 2022.
- Yield & Schedule: HCSG currently pays dividends quarterly with an annual yield of 4.52%.
- Dividend Growth: Since 2004, the dividend payout has grown by 168.8%, from $0.08 to $0.21.
- Growth Streak: HCSG has raised its dividend for 48 consecutive payments.
Company News
China's 15th Five-Year Plan (2026-30) emphasizes innovation-led, green growth with focus on technological upgrading and sustainability. The plan targets new-energy industries, digital sectors, and high-end equipment while maintaining 5-6% annual growth. Key drivers include EV and renewable energy exports, AI development, and demographic adaptatio...
The US healthcare/hospital food services market is projected to reach $33.57 billion by 2029, driven by increased focus on patient care, recovery nutrition, and dietary regulations. Key growth factors include personalized meal plans, technology advancements, and investments in food service solutions.
Inflation remains high, but the stock market is expected to continue its upward trend due to strong labor market, earnings growth, and capital returns. However, the risk of further inflation acceleration remains.
Massachusetts can be an expensive state to retire in, with high housing costs and taxes, but it also offers good healthcare, natural beauty, and cultural amenities. Factors to consider when deciding whether to retire in Massachusetts include cost of living, tax burden, and access to healthcare and recreational activities.
The global hospital food services market is expected to grow from $45.94 billion in 2023 to $133.94 billion by 2033, driven by increasing focus on patient satisfaction and wellness. However, managing costs while maintaining high food quality and meeting strict standards remains a challenge.
