The Ensign Group (ENSG) will raise its quarterly dividend to $0.0425 per share. The increased dividend will be payable on or before January 31, 2017, to shareholders of record as of December 31, 2016.

"We are pleased to announce our fourteenth consecutive annual dividend increase, which reflects our commitment to consistently return value to Ensign shareholders," commented Christopher Christensen, Ensign's President and Chief Executive Officer. "During a year which saw us redouble our efforts to further improve the quality of care we provide throughout our organization, this increase is evidence we are optimistic about our long-term prospects," he added. Ensign has been a dividend-paying company since 2002.

The new $0.17 per share annual dividend translates into an estimated yield of 0.7%.

The Ensign Group, Inc.'s provides skilled nursing and assisted living services, physical, occupational and speech therapies, home health and hospice services and other rehabilitative and healthcare services at healthcare facilities, hospice agencies, home health agencies and home care businesses in California, Arizona, Texas, Washington, Utah, Idaho, Colorado, Nevada, Iowa, Nebraska, Oregon, Wisconsin, Kansas, South Carolina, and Oklahoma. Ensign has been a dividend-paying company since 2002.