Get 5.6% yield from Extendicare Inc.

Worker shortages contributed to a 10.5% decline in cash flow for this company during the most-recent quarter.

However, revenue rose 1.6% as a new efficiency program and automated work processes continue target staff turnover.

The stock trades at just 12.5 times the company’s 2020 cash flow forecast.

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Here’s our Pick of the Month

EXTENDICARE INC. $8.75 (Toronto symbol EXE; TSINetwork Rating: Extra Risk) (905-470-5534;; Shares outstanding: 88.8 million; Market cap: $777.1 million; Dividend yield: 5.5%) owns 67 senior-care facilities in Canada. Together, they can house 8,950 residents on both a long- and short-term basis. The company manages… Read More

This facilities operator offers a 6.7% yield

This facilities operator offers a 6.7% yield

This operator of senior-care facilities owns or manages more than 120 properties as well as home health-care branches.

The company enjoys steady cash flow in a growing business and recent acquisitions to expand its private-pay luxury facilities should help to offset a key risk for the… Read More