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CareCloud, Inc. (MTBCO) To Go Ex-Dividend on January 30th

Financial News Live ·  Jan 28, 2023 08:12

CareCloud, Inc. (NASDAQ:MTBCO – Get Rating) declared a monthly dividend on Monday, November 7th, Wall Street Journal reports. Shareholders of record on Tuesday, January 31st will be paid a dividend of 0.1823 per share on Wednesday, February 15th. This represents a $2.19 annualized dividend and a yield of 8.73%. The ex-dividend date of this dividend is Monday, January 30th.

CareCloud Stock Performance

Shares of MTBCO stock opened at $25.05 on Friday. CareCloud has a 12 month low of $24.70 and a 12 month high of $27.45. The company's 50 day moving average is $24.97.

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Insider Buying and Selling at CareCloud

In other news, CEO A Hadi Chaudhry sold 3,240 shares of the firm's stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $26.50, for a total value of $85,860.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

CareCloud Company Profile

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CareCloud, Inc, a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Practice Management. The company's Software-as-a-Service platform includes revenue cycle management, practice management, electronic health record, business intelligence, telehealth, and patient experience management solutions, as well as complementary software tools and business services for medical groups and health systems.

Further Reading

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