The Ensign Group Inc. (ENSG) will raise its quarterly dividend by 5.9 percent to $0.045 per share in the fourth quarter of 2017. It's the 15th consecutive year of dividend increases for ENSG.

The increased dividend is payable on or before January 31, 2018, to shareholders of record as of December 31, 2017. The new dividend yield for ENSG is 0.8%.

"We are pleased to announce the fifteenth consecutive increase to our annual dividend,” commented Christopher Christensen, Ensign's President and Chief Executive Officer. “We have been paying dividends since 2002 and remain as committed as ever to returning value to Ensign shareholders," he added.

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.