National Health Investors, Inc. (NYSE:NHI) Shareholders to Get $0.92 Quarterly Dividend

Key Points

• National Health Investors declared a quarterly dividend of $0.92 per share, payable November 6 to shareholders of record on September 30. The dividend equates to $3.68 annually and a 5.5% yield.
• The current dividend payout ratio is elevated at 115% of earnings, though analysts expect next year’s earnings to improve coverage, producing an estimated future payout ratio of 75.2%.
• NHI reported quarterly earnings of $1.19 per share on $121.32 million in revenue, while institutional investors own 62.51% of the company’s stock.

National Health Investors, Inc. (NYSE:NHI - Get Free Report) announced a quarterly dividend on Friday, August 7th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.92 per share by the real estate investment trust on Friday, November 6th. This represents a $3.68 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, September 30th.

National Health Investors has decreased its dividend by an average of 0.0%per year over the last three years. National Health Investors has a dividend payout ratio of 115.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect National Health Investors to earn $5.00 per share next year, which means the company should continue to be able to cover its $3.76 annual dividend with an expected future payout ratio of 75.2%.

National Health Investors Stock Up 0.0%

Shares of NYSE NHI opened at $66.93 on Monday. The company has a quick ratio of 6.78, a current ratio of 6.78 and a debt-to-equity ratio of 0.81. The firm has a market cap of $3.29 billion, a PE ratio of 19.34, a P/E/G ratio of 3.57 and a beta of 0.52. The company's fifty day simple moving average is $73.00 and its 200 day simple moving average is $76.19. National Health Investors has a 12-month low of $66.53 and a 12-month high of $91.38.

National Health Investors (NYSE:NHI - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $1.19 earnings per share for the quarter. The firm had revenue of $121.32 million during the quarter. National Health Investors had a net margin of 38.56% and a return on equity of 10.89%. The company's revenue for the quarter was up 1.6% on a year-over-year basis. During the same period last year, the firm posted $1.22 earnings per share. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. As a group, sell-side analysts forecast that National Health Investors will post 4.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On National Health Investors

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of National Health Investors in the 2nd quarter worth approximately $665,997,000. Principal Financial Group Inc. increased its position in shares of National Health Investors by 2.0% during the first quarter. Principal Financial Group Inc. now owns 1,700,908 shares of the real estate investment trust's stock valued at $137,537,000 after acquiring an additional 32,902 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in National Health Investors during the second quarter worth $122,509,000. Geode Capital Management LLC lifted its holdings in National Health Investors by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 1,262,657 shares of the real estate investment trust's stock worth $96,443,000 after acquiring an additional 18,198 shares during the period. Finally, Centersquare Investment Management LLC lifted its holdings in National Health Investors by 17.0% during the fourth quarter. Centersquare Investment Management LLC now owns 1,154,060 shares of the real estate investment trust's stock worth $88,136,000 after acquiring an additional 167,352 shares during the period. Hedge funds and other institutional investors own 62.51% of the company's stock.

National Health Investors Company Profile

National Health Investors, Inc NYSE: NHI is a real estate investment trust that owns and finances healthcare real estate. The company focuses primarily on properties serving older adults and patients requiring specialized care, including independent living, assisted living, memory care, skilled nursing and continuing care retirement communities.

NHI generally leases its properties to healthcare and senior-living operators under long-term agreements, including primarily triple-net leases, under which tenants are typically responsible for property-level operating expenses, maintenance and taxes.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.