HCA, Brookdale execs book more than $4M in stock profits

Hospital chain SVPs come back for second round of option deals this month
May 20, 2015 7:30 AM

Big dividend boost at NHC

The board of National HealthCare Corp. has voted to boost the nursing home operator's quarterly dividend to 40 cents per common share. That's up almost 18 percent from last quarter and will lift the yield of NHC (Ticker: NHC) above 2.5 percent. Word of the hike came shortly after NHC executives reported first-quarter profits that were flat versus a year earlier. The new dividend will be paid Sept. 1 to shareholders of record on June 30.

May 8, 2015 9:01 AM

Earnings wrap: Brookdale, Diversicare, Cumberland

Senior living facility company misses; acquisitions boost skilled nursing provider
May 8, 2015 6:53 AM

Double-digit raises for three of five Brookdale leaders

Quintet also gets stock awards worth $8.5M
May 5, 2015 7:04 AM

Double-digit raises for Diversicare brass

Trio also in line for larger bonuses
May 1, 2015 7:47 AM

Brookdale strikes deal with activist investor

Senior living company appoints two real estate execs to board
Apr 24, 2015 1:42 PM

Brookdale climbs on report of real estate sale talks

Shares of Brookdale Senior Living are holding on to the gains they put up yesterday after a DealReporter story that the company's executives are in talks to spin out its real estate to either HCP or Ventas. The move comes as Brookdale investor Sandell Asset Management continues to pressure CEO Andy Smith and his team to wring more value out of the company's properties.

Brookdale and HCP are far from strangers, having worked together on several big deals in recent years. Nor is Ventas an unknown entity: In 2010, it bought Atria Senior Living in a $3.1 billion deal, and its leaders this week said they plan to buy Ardent Health for $1.8 billion.

An hour into Thursday trading, Brookdale shares (Ticker: BKD) were up about 0.3 percent to $38.38. Yesterday, they popped 3.5 percent to their highest level since October of 2007.

Apr 9, 2015 9:42 AM

NHI snags $78M bank loan

Interest-only funding used to pay down unsecured debt load
Mar 27, 2015 6:52 AM

Glenview Capital grows Brookdale stake

Glenview Capital, the hedge fund that has made big bets on health care companies in recent years, appears to be a big fan of Brookdale Senior Living. The firm on Monday filed papers with the Securities and Exchange Commission to say it now owns 11.6 million Brookdale shares. That's up from 4 million shares last summer and amounts to 6.3 percent of the Brentwood-based senior care giant, whose shares (Ticker: BKD) are up about 5 percent year to date.

Mar 24, 2015 9:43 AM

Brookdale and HCP JV announce $849M acquisition

Two companies to buy 35 senior housing communities
Mar 17, 2015 12:25 PM