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Kindred Healthcare Inc (KND.N)

KND.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kindred Healthcare declares cash dividend of $0.12 per common share
Monday, 27 Feb 2017 04:45pm EST 

Kindred Healthcare Inc : Kindred healthcare board of directors declares cash dividend of $0.12 per common share and approves scheduled preferred stock installment payment of $18.75 per preferred share . Kindred healthcare -board determined trading levels of co's common stock do not sufficiently reflect value of co's quarterly cash dividend .Kindred healthcare -following payment of quarterly cash dividend, board determined to discontinue quarterly cash dividend on common stock.  Full Article

Kindred Healthcare q4 gaap loss per share $0.23 from continuing operations
Monday, 27 Feb 2017 04:30pm EST 

Kindred Healthcare Inc : Kindred healthcare reports fourth quarter 2016 results . Company establishes outlook for 2017 and 2018 . Q4 gaap loss per share $0.23 from continuing operations . Q4 earnings per share view $0.06 -- Thomson Reuters I/B/E/S . Continue to advance strategic initiative to divest skilled nursing center business . Sees 2017 annual revenues of $7.2 billion, with a range of $7.1 billion to $7.3 billion . Sees 2017 core diluted eps from continuing operations of $0.55, with a range of $0.40 to $0.70 per share . 2017 outlook assumes company's skilled nursing facility business is operated for entire year . Sees 2018 annual revenues of approximately $6.3 billion . Sees 2018 core diluted eps from continuing operations of approximately $0.80 .Kindred healthcare-board determined to discontinue co's quarterly cash dividend on common stock and redirect funds to repay debt and invest in growth.  Full Article

Kindred announces agreements with Ventas Inc
Monday, 14 Nov 2016 07:00am EST 

Kindred Healthcare Inc : Kindred Healthcare Inc - expect our exit from skilled nursing facility business to be accretive to earnings . Kindred Healthcare Inc - expect after-tax net proceeds from sale of assets will range from $100 million to $300 million after transaction costs . Kindred Healthcare Inc - expect to apply anticipated net proceeds to reduce funded debt . Kindred Healthcare Inc - will continue to operate ventas properties as it works to sell them to new owners/operators .Press release - kindred announces agreements with ventas facilitating strategic exit from skilled nursing facility business.  Full Article

Kindred Healthcare reaffirms FY outlook
Thursday, 4 Aug 2016 04:30pm EDT 

Kindred Healthcare Inc : Sees q3 2016 core earnings per share $0.02 to $0.12 from continuing operations . Q2 revenue $1.84 billion versus i/b/e/s view $1.85 billion . Q2 gaap earnings per share $0.23 from continuing operations . Kindred healthcare reports second quarter 2016 results at high end of guidance range . Q2 core earnings per share $0.38 from continuing operations . Q2 earnings per share view $0.34 -- Thomson Reuters I/B/E/S . Company reaffirms full year outlook for 2016 . Q3 earnings per share view $0.14 -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $0.92, revenue view $7.26 billion -- Thomson Reuters I/B/E/S .Reaffirmed its preliminary outlook for 2017 core ebitdar of at least $1 billion..  Full Article

Kindred Healthcare to acquire in-home health care operations in Arkansas
Monday, 20 Jun 2016 05:00pm EDT 

Kindred Healthcare : Deal for $39 million .Kindered Healthcare And The Arkansas Department Of Health Announce Definitive Agreement For Kindred To Acquire In-Home health care operations.  Full Article

Kindred Healthcare signs deal with Palomar Health to create JV
Tuesday, 14 Jun 2016 04:30pm EDT 

Kindred Healthcare Inc : Signed deal with Palomar Health to create JV to construct and operate a 52-bed inpatient rehabilitation hospital in Escondido, CA . Says expects hospital to open by Q3 of 2019 .Says it will own a slight majority in joint venture and will manage day-to-day operations of new hospital.  Full Article

Kindred Healthcare completes syndication and pricing of incremental $200 mln term loan
Thursday, 9 Jun 2016 05:00pm EDT 

Kindred Healthcare Inc : Completed syndication and pricing of an incremental $200 million term loan . Incremental term loan will be issued at 99.05% of par . Received consent from required lenders under term loan facility,abl facility to amend various provisions of those credit facilities .Kindred healthcare completes syndication of incremental term loan and secures consent for amendments to credit facilities.  Full Article

Kindred Healthcare Inc gives FY 2015 guidance
Wednesday, 5 Aug 2015 05:30pm EDT 

Kindred Healthcare Inc:Sees FY 2015 revenues of about $7.2 billion.Sees FY 2015 Core EBITDAR of about $1.0 billion to $1.05 billion.  Full Article

Kindred Healthcare Inc declares dividend
Wednesday, 5 Aug 2015 04:35pm EDT 

Kindred Healthcare Inc:approved the payment of the regular quarterly cash dividend to its common shareholders.Says quarterly cash dividend of $0.12 per common share will be paid on Sept. 4 to shareholders of record as of the close of business on Aug. 19.  Full Article

Kindred Healthcare Inc gives Q2 2015 EPS guidance in line with analysts' estimates; updates FY 2015 revenue guidance; reaffirms FY 2015 EPS guidance
Wednesday, 6 May 2015 04:30pm EDT 

Kindred Healthcare Inc:Expects Q2 2015 core diluted earnings per share from continuing operations to about $0.27 to $0.37.Expects Q2 2015 adjusted core diluted earnings per share from continuing operations to about $0.39 to $0.49.Expects FY 2015 revenues of about $7.2 billion.Expects FY 2015 Core EBITDAR of about $1.0 billion to $1.05 billion.Expects FY 2015 Core earnings of $1.20 to $1.40 per diluted share.Expects FY 2015 Adjusted core earnings of $1.70 to $1.90 per diluted share.Q2 2015 EPS of $0.36 - Thomson Reuters I/B/E/S.FY 2015 revenue of $7.22 billion and EPS of $1.30 - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Kindred Healthcare declares cash dividend of $0.12 per common share

* Kindred healthcare board of directors declares cash dividend of $0.12 per common share and approves scheduled preferred stock installment payment of $18.75 per preferred share