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Extendicare Inc (EXETF) is a senior care provider in Canada, focused on long-term care and home health care.

The company has three main business segments namely Long-term Care, Home Health Care, and Managed Services.

The Long-term Care segment, operating under the Extendicare brand, represents 53 owned homes in Ontario, Alberta and Manitoba.

The Home Health Care segment, operating under the ParaMed brand, provides more than 9 million hours of home health care services annually in Ontario, Alberta, Manitoba and Nova Scotia.

The Managed Services segment, operating under the Extendicare Assist and SGP Purchasing Partner Network brands, provides management, consulting and group purchasing services to other care providers across Canada.

The company was incorporated in 1968 and is based in Markham, Canada.

Three key data points gauge Extendicare Inc or any dividend paying firm. The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

EXETF Price

Share price increased about 33.5% in the past year from $5.29 to $7.06, as of Friday’s market close.

In the past 3 years the company’s share price has ranged from $4.10 to $7.80 its all-time high of $13.87 was reached April 8, 2011.

If shares trade in the range of $5.00 to $10.00 this next year, the recent $7.06 share price might grow to $7.55.  Of course, EXETF shares could also drop about the same $0.49 estimated amount, or more.

My $0.49 price upside estimate is based on the average EXETF one year price gain over the past three years.

EXETF Dividend

Extendicare Inc has paid variable monthly dividends since October 15, 2010. The company’s most recent M dividend of $0.0278 was declared January 15th for shareholders of record prior to January 31st and the payout is due February 14th. A forward looking annual dividend of $0.33 yields 4.73% per Thursday’s closing price.

EXETF Returns

Putting it all together, a $0.82 estimated annual gross gain per share shows up by adding EXETF’s annual $0.33 dividend to the estimated $0.49 annual price gain, totaling that 0.82 amount.

A little under $1000 buys 142 shares at Friday’s $7.06 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.07 per share out of the $0.82 gross-gain to give us a net gain of $0.75 X 142 shares = $106.50 for about a 10.5% estimated net gain on the year.

Furthermore, the $47.50 annual estimated dividend income from $1k invested in EXETF is over 6.7 times greater than the $7.06 single-share price. By these numbers, EXETF may be an ideal health care dividend dog.

Therefore, you may choose to pounce on Extendicare Inc. It is a 57-year-old monthly dividend paying long-term care company with an 14 year dividend record.

The exact track of Extendicare Inc future price and dividend will entirely be determined by market action and company finances.

Remember, the best way to track dividend payments is through direct ownership of company shares.

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