NHI Dividend History & Yield

National Health Investors, Inc. · NYSE

Stock Real Estate Quarterly payer REIT
$67.06
+0.15% today
as of Oct 24, 2026
TTM yield
5.52%
$3.70/share over the last 12 months
Forward yield
5.61%
$3.76/share indicated annual rate
Annual dividend
$3.76
per share, forward
Per payment
$0.94
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 30, 2026 Estimated
in 66 days
Next pay date
Jan 13, 2027
in 80 days
Last ex-dividend date
Sep 30, 2026
$0.94 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
3.3B
P/E 19.4
5y dividend CAGR
-1.6%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
34.8
since Dec 24, 1991
1y total return
-11.0%
price -15.6% + dividends 4.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Dec 30, 2026 (in 66 days) Jan 13, 2027 $0.94 $94.00 Estimated
Wed, Mar 31, 2027 (in 157 days) Apr 14, 2027 $0.94 $94.00 Estimated
Wed, Jun 30, 2027 (in 248 days) Jul 14, 2027 $0.94 $94.00 Estimated
Wed, Sep 29, 2027 (in 339 days) Oct 13, 2027 $0.94 $94.00 Estimated

Estimated dates and amounts are projected from NHI's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $3.76 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Dec 28, 2016 to Sep 30, 2026; most recent $0.94$0.00$0.60$1.20Dec 28, 2016: $0.90Dec '16Mar 29, 2017: $0.95Jun 28, 2017: $0.95Sep 28, 2017: $0.95Dec 28, 2017: $0.95Mar 28, 2018: $1.00Mar '18Jun 28, 2018: $1.00Sep 27, 2018: $1.00Dec 28, 2018: $1.00Mar 28, 2019: $1.05Jun 27, 2019: $1.05Jun '19Sep 27, 2019: $1.05Dec 30, 2019: $1.05Mar 30, 2020: $1.103Jun 29, 2020: $1.103Sep 29, 2020: $1.103Sep '20Dec 30, 2020: $1.103Mar 30, 2021: $1.103Jun 29, 2021: $0.90Sep 29, 2021: $0.90Dec 30, 2021: $0.90Dec '21Mar 30, 2022: $0.90Jun 29, 2022: $0.90Sep 29, 2022: $0.90Dec 29, 2022: $0.90Mar 30, 2023: $0.90Mar '23Jun 29, 2023: $0.90Sep 28, 2023: $0.90Dec 28, 2023: $0.90Mar 27, 2024: $0.90Jun 28, 2024: $0.90Jun '24Sep 27, 2024: $0.90Dec 31, 2024: $0.90Mar 31, 2025: $0.90Jun 30, 2025: $0.90Sep 30, 2025: $0.92Sep '25Dec 31, 2025: $0.92Mar 31, 2026: $0.92Jun 30, 2026: $0.92Sep 30, 2026: $0.94

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.50$5.002017: $3.80$3.8020172018: $4.00$4.0020182019: $4.20$4.2020192020: $4.412$4.41220202021: $3.803$3.80320212022: $3.60$3.6020222023: $3.60$3.6020232024: $3.60$3.6020242025: $3.64$3.6420252026 (YTD): $2.78$2.782026 YTD

How much NHI do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month320$21,402$1,200
$500 / month1,596$107,011$6,000
$1,000 / month3,192$214,021$12,000

Based on the forward yield of 5.61%. $10,000 in NHI would currently pay about $561 a year ($47 a month on average). Model reinvestment and growth →

NHI dividend history

Ex-datePay dateAmountChange
Sep 30, 2026 — $0.94 +2.2%
Jun 30, 2026 — $0.92 +0.0%
Mar 31, 2026 — $0.92 +0.0%
Dec 31, 2025 — $0.92 +0.0%
Sep 30, 2025 — $0.92 +2.2%
Jun 30, 2025 — $0.90 +0.0%
Mar 31, 2025 — $0.90 +0.0%
Dec 31, 2024 — $0.90 +0.0%
Sep 27, 2024 — $0.90 +0.0%
Jun 28, 2024 — $0.90 +0.0%
Mar 27, 2024 — $0.90 +0.0%
Dec 28, 2023 — $0.90 +0.0%
Sep 28, 2023 — $0.90 +0.0%
Jun 29, 2023 — $0.90 +0.0%
Mar 30, 2023 — $0.90 +0.0%
Dec 29, 2022 — $0.90 +0.0%
Sep 29, 2022 — $0.90 +0.0%
Jun 29, 2022 — $0.90 +0.0%
Mar 30, 2022 — $0.90 +0.0%
Dec 30, 2021 — $0.90 +0.0%
Sep 29, 2021 — $0.90 +0.0%
Jun 29, 2021 — $0.90 -18.4%
Mar 30, 2021 — $1.103 +0.0%
Dec 30, 2020 — $1.103 +0.0%

NHI dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Sep 30, 2026 Raised 2.2% $0.92 $0.94 Paid
Sep 30, 2025 Raised 2.2% $0.90 $0.92 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

NHI scores 5/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Share price down more than 15% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About National Health Investors, Inc.

National Health Investors, Inc. is a self-managed real estate investment trust (REIT). The Company owns, leases, operates and finances the development of high-quality real estate properties in the United States, focusing on senior housing communities and medical facilities. The Company operates through two reportable segments, Real Estate Investments and SHOP. The Company's real estate property investments include independent living facilities, assisted living facilities, entrance fee communities, senior living campuses, skilled nursing facilities and hospitals. National Health Investors, Inc.

Sector: Real Estate. Industry: REIT - Healthcare Facilities. First dividend on our records: Dec 24, 1991. 137 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.

NHI dividend FAQ

When is NHI's next ex-dividend date?

NHI's next ex-dividend date is Dec 30, 2026 (in 66 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.94 per share, expected on Jan 13, 2027.

How often does NHI pay dividends?

NHI pays dividends every quarter, 4 times a year. The most recent payment was $0.94 per share with an ex-date of Sep 30, 2026.

What is NHI's dividend yield?

NHI's trailing 12-month dividend yield is 5.52%, based on $3.70 per share paid over the last year and a share price of $67.06. The forward yield, using the indicated annual rate of $3.76 per share, is 5.61%.

How much does NHI pay per share?

NHI pays about $0.94 per share each quarter, which works out to roughly $3.76 per share a year. 100 shares would collect about $376.00 a year.

Has NHI grown or cut its dividend?

NHI has raised its annual dividend for 1 consecutive year. Over the last 5 years the regular payout has shrunk at 1.6% a year (+2.2% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of NHI do I need to earn $100 a month?

At the current forward yield of 5.61%, you would need about 320 shares of NHI (roughly $21,402 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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