Encompass Health cuts dividend by 46.6%

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 Encompass Health Corporation (NYSE: EHC) today announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.15 per share, payable on October 17, 2022, to holders of record on October 3, 2022. The revised quarterly dividend is in response to the recently completed spin off of Enhabit Home Health & Hospice and reflects the Company's continued commitment to a robust de novo hospital strategy. Encompass Health will open 9 de novo rehabilitation hospitals this year and intends to open a similar number in 2023.

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