Select Medical Announces $0.06 Quarterly Dividend

The healthcare provider will pay out the dividend to shareholders on March 12th.

Published on Mar. 1, 2026

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Select Medical Holdings Corporation (NYSE:SEM) announced a quarterly dividend of $0.0625 per share on Thursday, February 19th. The dividend will be paid on March 12th to shareholders of record as of March 2nd. This represents an annualized dividend yield of 1.7% based on the company's current stock price.

Why it matters

The dividend announcement signals Select Medical's continued financial strength and commitment to returning capital to shareholders. As a leading provider of specialized healthcare services, the company's dividend payout is seen as a positive indicator of its stable cash flows and growth prospects.

The details

Select Medical's dividend is sufficiently covered by its earnings, with an expected future payout ratio of 17.7%. The company also announced a $1 billion share repurchase program, further demonstrating its confidence in the business and belief that its stock is undervalued.

  • The dividend will be paid on Thursday, March 12, 2026.
  • The ex-dividend date is Monday, March 2, 2026.

The players

Select Medical Holdings Corporation

A leading provider of specialized healthcare services in the United States, operating long-term acute care hospitals and inpatient rehabilitation facilities as well as an outpatient rehabilitation division.

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The takeaway

Select Medical's dividend announcement and share repurchase program demonstrate the company's financial strength and commitment to creating shareholder value, even in a challenging healthcare environment.