National Health Investors, Inc.
NHIReal Estate · Stock · quarterly payer
$68.32
Add to PortfolioForward Yield
5.39%
Annual Dividend
$3.68
Payout Ratio
118%
5-Yr Growth
-3.8%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
NHI Dividend Safety Score
59/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage118% of earnings paid out
Balance-sheet strengthDebt/equity of 0.98
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is NHI a good dividend stock?
Yes, with caveatsNational Health Investors, Inc. (NHI) pays a quarterly dividend yielding 5.39% ($3.68/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (118%)
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 5.39%
- Payout Ratio
- 118%
- Annual Dividend
- $3.68
- 5-Yr Avg Growth
- -3.8%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.55
- Market Cap
- $3.3B
- P/E Ratio
- 22.0
- 5-Yr Total Return
- 3%
- 52-Week Range
- $68.71 – $91.38
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 31, 2026 | — | $0.9200 | regular |
| Dec 31, 2025 | — | $0.9200 | regular |
| Sep 30, 2025 | — | $0.9200 | regular |
| Jun 30, 2025 | — | $0.9000 | regular |
| Mar 31, 2025 | — | $0.9000 | regular |
| Dec 31, 2024 | — | $0.9000 | regular |
| Sep 27, 2024 | — | $0.9000 | regular |
| Jun 28, 2024 | — | $0.9000 | regular |
| Mar 27, 2024 | — | $0.9000 | regular |
| Dec 28, 2023 | — | $0.9000 | regular |
| Sep 28, 2023 | — | $0.9000 | regular |
| Jun 29, 2023 | — | $0.9000 | regular |
| Mar 30, 2023 | — | $0.9000 | regular |
| Dec 29, 2022 | — | $0.9000 | regular |
Income Calculator
At $3.68 / yr per share
Per payment (quarterly)$92.00
Annual$368.00
Monthly avg$30.67
