MTBC, Inc. (NASDAQ:MTBCP) Announces $0.23 Monthly Dividend

MTBC, Inc. (NASDAQ:MTBCP) announced a monthly dividend on Tuesday, May 19th, Wall Street Journal reports. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.2292 per share on Wednesday, July 15th. This represents a $2.75 annualized dividend and a dividend yield of 10.41%. The ex-dividend date of this dividend is Monday, June 29th.

Shares of NASDAQ:MTBCP opened at $26.42 on Friday. MTBC has a 1-year low of $12.60 and a 1-year high of $28.13. The stock’s 50 day moving average price is $25.40.

MTBC Company Profile

MTBC, Inc, a healthcare information technology (IT) company, provides an integrated suite of Web-based solutions and related business services to healthcare providers primarily in the United States. The company operates through two segments, Healthcare IT and Practice Management. It primarily offers PracticePro, a software-as-a-service platform, which includes practice management software and related tools that facilitate the day-to-day business operation and workflows; electronic health record (EHR), which enables customers to reduce paperwork; revenue cycle management services, such as end-to-end medical billing, analytics, and related services; and mobile health solutions, including smartphone applications that assist patients and healthcare providers in the provision of healthcare services.

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