National Health Investors, Inc. (NHI) Dividend History
Income profile from 1991 to 2025 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
Payout ratio data not available yet.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 5.5% and trend is falling.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (35 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
National Health Investors, Inc. has limited earnings payout data (Unknown).
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
NHI has raised its dividend for 1 consecutive year, with a 3-year CAGR of 0.4% and 5-year CAGR of -3.8%.
Total Shareholder Returns
Beyond cash dividends, NHI returns capital through share repurchases. The combined picture: 0.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.5% and is currently falling. The 5-year total return is 48.3%, with dividends contributing 26.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $19,444 today.
Recent Dividend Payments
Last 20 payments · Quarterly
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Dec 31, 2025Latest | $0.9200 | — | 4.77% | Jan 30, 2026 |
| Sep 30, 2025 | $0.9200 | ↑ +2.2% | 4.55% | Oct 31, 2025 |
| Jun 30, 2025 | $0.9000 | — | 5.13% | Aug 1, 2025 |
| Mar 31, 2025 | $0.9000 | — | 4.87% | May 2, 2025 |
| Dec 31, 2024 | $0.9000 | — | 5.19% | Jan 29, 2025 |
| Sep 27, 2024 | $0.9000 | — | 4.34% | Nov 1, 2024 |
| Jun 28, 2024 | $0.9000 | — | 5.32% | Aug 2, 2024 |
| Mar 27, 2024 | $0.9000 | — | 5.82% | May 3, 2024 |
Dividend Peer Comparison
Peer group: Senior housing and skilled nursing
Annual Dividend History
35 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $3.64 | 1.1% | 4 | $3.02 | 120.5% | 0.83x | 5.5% |
| 2024 | $3.60 | 0.0% | 4 | $3.13 | 115.0% | 0.87x | 5.4% |
| 2023 | $3.60 | 0.0% | 4 | $3.13 | 115.0% | 0.87x | 5.4% |
| 2022 | $3.60 | -5.3% | 4 | $0.51 | 705.9% | 0.14x | 5.4% |
| 2021 | $3.80 | -13.8% | 4 | $1.36 | 279.6% | 0.36x | 5.7% |
| 2020 | $4.41 | 5.0% | 4 | $3.03 | 145.5% | 0.69x | 6.6% |
| 2019 | $4.20 | 5.0% | 4 | $2.38 | 176.5% | 0.57x | 6.3% |
| 2018 | $4.00 | 5.3% | 4 | $3.67 | 109.0% | 0.92x | 6.0% |
| 2017 | $3.80 | 5.6% | 4 | $3.87 | 98.2% | 1.02x | 5.7% |
| 2016 | $3.60 | 5.9% | 4 | $3.87 | 93.0% | 1.07x | 5.4% |
See NHI's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does NHI pay per share?
National Health Investors, Inc. (NHI) pays a trailing 12-month dividend of $3.64 per share, with a current dividend yield of N/A. Payments are made Quarterly.
When is NHI's next ex-dividend date?
NHI's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NHI typically pays dividends Quarterly.
Is NHI's dividend safe?
NHI's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of N/A. The 1-year growth streak provides moderate confidence.
How many years has NHI increased its dividend?
NHI has 1 consecutive years of dividend growth. The 5-year dividend CAGR is -3.8%.
How often does NHI pay dividends?
National Health Investors, Inc. pays dividends Quarterly. The trailing 12-month total is $3.64 per share. Dividend data on this page covers 34+ years from 1991 to 2025.
How much would $10,000 invested in NHI grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NHI five years ago would be worth approximately $14,828 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NHI's yield on cost for long-term holders?
NHI's yield on cost — the current dividend divided by the original purchase price — is +5.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's N/A market yield, thanks to the lower original cost basis.