BIRMINGHAM, Ala. , July 24, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC ) today announced that its board of directors approved an increase in the Company's quarterly dividend of approximately 13% and declared a quarterly cash dividend on its common stock of $0.
17 per share, payable on Oct. 15, 2024, to holders of record on Oct. 1, 2024.
Encompass Health also announced its board approved resetting the aggregate common stock repurchase authorization to $500 million . The Company repurchased approximately $17 million of its common stock during the second quarter and had approximately $181 million remaining under the prior authorization as of June 30, 2024 . About Encompass Health Encompass Health (NYSE: EHC ) is the largest owner and operator of rehabilitation hospitals in the United States .
With a national footprint that includes 163 hospitals in 37 states and Puerto Rico , the Company provides high-quality, compassionate rehabilitative care for patients recovering from a major injury or illness, using advanced technology and innovative treatments to maximize recovery. Encompass Health is ranked as one of Fortune's World's Most Admired Companies and Becker's Hospital Review's 150 Top Places to Work in Healthcare. For more information, visit encompasshealth.
com , or follow us on our newsroom , Twitter , Instagram and Facebook . Forward-Looking Statements Statements contained in this press release which are not historical facts, such as the timing and amounts of divid.