NHI Dividend History & Yield

National Health Investors, Inc. · NYSE

Stock Real Estate Quarterly payer REIT
$71.42
+0.76% today
as of Sep 8, 2026
TTM yield
5.15%
$3.68/share over the last 12 months
Forward yield
5.15%
$3.68/share indicated annual rate
Annual dividend
$3.68
per share, forward
Per payment
$0.92
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 30, 2026 Declared
in 22 days
Next pay date
Nov 6, 2026
in 59 days
Last ex-dividend date
Jun 30, 2026
$0.92 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
3.5B
P/E 20.6
5y dividend CAGR
-2.7%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
34.7
since Dec 24, 1991
1y total return
-4.1%
price -8.8% + dividends 4.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Sep 30, 2026 (in 22 days) Nov 6, 2026 $0.92 $92.00 Declared
Wed, Dec 30, 2026 (in 113 days) Jan 13, 2027 $0.92 $92.00 Estimated
Wed, Mar 31, 2027 (in 204 days) Apr 14, 2027 $0.92 $92.00 Estimated
Wed, Jun 30, 2027 (in 295 days) Jul 14, 2027 $0.92 $92.00 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 $3.68 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Sep 28, 2016 to Jun 30, 2026; most recent $0.92$0.00$0.60$1.20Sep 28, 2016: $0.90Sep '16Dec 28, 2016: $0.90Mar 29, 2017: $0.95Jun 28, 2017: $0.95Sep 28, 2017: $0.95Dec 28, 2017: $0.95Dec '17Mar 28, 2018: $1.00Jun 28, 2018: $1.00Sep 27, 2018: $1.00Dec 28, 2018: $1.00Mar 28, 2019: $1.05Mar '19Jun 27, 2019: $1.05Sep 27, 2019: $1.05Dec 30, 2019: $1.05Mar 30, 2020: $1.103Jun 29, 2020: $1.103Jun '20Sep 29, 2020: $1.103Dec 30, 2020: $1.103Mar 30, 2021: $1.103Jun 29, 2021: $0.90Sep 29, 2021: $0.90Sep '21Dec 30, 2021: $0.90Mar 30, 2022: $0.90Jun 29, 2022: $0.90Sep 29, 2022: $0.90Dec 29, 2022: $0.90Dec '22Mar 30, 2023: $0.90Jun 29, 2023: $0.90Sep 28, 2023: $0.90Dec 28, 2023: $0.90Mar 27, 2024: $0.90Mar '24Jun 28, 2024: $0.90Sep 27, 2024: $0.90Dec 31, 2024: $0.90Mar 31, 2025: $0.90Jun 30, 2025: $0.90Jun '25Sep 30, 2025: $0.92Dec 31, 2025: $0.92Mar 31, 2026: $0.92Jun 30, 2026: $0.92

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): $1.84$1.842026 YTD

How much NHI do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month327$23,289$1,200
$500 / month1,631$116,446$6,000
$1,000 / month3,261$232,891$12,000

Based on the forward yield of 5.15%. $10,000 in NHI would currently pay about $515 a year ($43 a month on average). Model reinvestment and growth →

NHI dividend history

Show recent only
Ex-datePay dateAmountChange
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%
Sep 29, 2020 $1.103 +0.0%
Jun 29, 2020 $1.103 +0.0%
Mar 30, 2020 $1.103 +5.0%
Dec 30, 2019 $1.05 +0.0%
Sep 27, 2019 $1.05 +0.0%
Jun 27, 2019 $1.05 +0.0%
Mar 28, 2019 $1.05 +5.0%
Dec 28, 2018 $1.00 +0.0%
Sep 27, 2018 $1.00 +0.0%
Jun 28, 2018 $1.00 +0.0%
Mar 28, 2018 $1.00 +5.3%
Dec 28, 2017 $0.95 +0.0%
Sep 28, 2017 $0.95 +0.0%
Jun 28, 2017 $0.95 +0.0%
Mar 29, 2017 $0.95 +5.6%
Dec 28, 2016 $0.90 +0.0%
Sep 28, 2016 $0.90 +0.0%
Jun 28, 2016 $0.90 +0.0%
Mar 29, 2016 $0.90 +5.9%
Dec 29, 2015 $0.85 +0.0%
Sep 28, 2015 $0.85 +0.0%
Jun 26, 2015 $0.85 +0.0%
Mar 27, 2015 $0.85 +10.4%
Dec 29, 2014 $0.77 +0.0%
Sep 26, 2014 $0.77 +0.0%
Jun 26, 2014 $0.77 +0.0%
Mar 27, 2014 $0.77 +4.8%
Dec 27, 2013 $0.735 +0.0%
Sep 26, 2013 $0.735 +0.0%
Jun 26, 2013 $0.735 +5.8%
Mar 26, 2013 $0.695 +215.9%
Jan 8, 2013 $0.22 -67.2%
Dec 27, 2012 $0.67 +0.0%
Sep 26, 2012 $0.67 +3.1%
Jun 27, 2012 $0.65 +0.0%
Mar 28, 2012 $0.65 -25.3%
Dec 28, 2011 $0.87 +41.5%
Sep 28, 2011 $0.615 +0.0%
Jun 28, 2011 $0.615 +0.0%
Mar 29, 2011 $0.615 +1.7%
Dec 29, 2010 $0.605 +0.0%
Sep 28, 2010 $0.605 +5.2%
Jun 28, 2010 $0.575 +0.0%
Mar 29, 2010 $0.575 -11.5%
Dec 29, 2009 $0.65 +18.2%
Sep 28, 2009 $0.55 +0.0%
Jun 26, 2009 $0.55 +0.0%
Mar 27, 2009 $0.55 -20.3%
Dec 29, 2008 $0.69 +25.5%
Sep 26, 2008 $0.55 +0.0%
Jun 26, 2008 $0.55 -12.7%
Mar 27, 2008 $0.63 -53.3%
Dec 27, 2007 $1.35 +170.0%
Sep 26, 2007 $0.50 +0.0%
Jun 27, 2007 $0.50 +0.0%
Mar 28, 2007 $0.50 -46.2%
Dec 26, 2006 $0.93 +93.8%
Sep 27, 2006 $0.48 +0.0%
Jun 28, 2006 $0.48 +0.0%
Mar 29, 2006 $0.48 +6.7%
Dec 28, 2005 $0.45 +0.0%
Sep 28, 2005 $0.45 +0.0%
Jun 28, 2005 $0.45 +0.0%
Mar 29, 2005 $0.45 -21.7%
Dec 29, 2004 $0.575 +35.3%
Sep 28, 2004 $0.425 +0.0%
Jun 28, 2004 $0.425 +0.0%
Mar 29, 2004 $0.425 -15.0%
Dec 26, 2003 $0.50 +25.0%
Sep 26, 2003 $0.40 +0.0%
Jun 26, 2003 $0.40 +0.0%
Mar 27, 2003 $0.40 +14.3%
Dec 27, 2002 $0.35 +0.0%
Sep 26, 2002 $0.35 +0.0%
Jun 25, 2002 $0.35 +0.0%
Mar 26, 2002 $0.35 -22.2%
Dec 26, 2001 $0.45 -29.7%
Jun 27, 2000 $0.64 +0.0%
Mar 28, 2000 $0.64 -13.5%
Dec 28, 1999 $0.74 +0.0%
Sep 27, 1999 $0.74 +0.0%
Jun 25, 1999 $0.74 +0.0%
Mar 26, 1999 $0.74 +0.0%
Dec 28, 1998 $0.74 +0.0%
Sep 25, 1998 $0.74 +0.0%
Jun 25, 1998 $0.74 +0.0%
Mar 26, 1998 $0.74 +0.0%
Dec 26, 1997 $0.74 +0.0%
Sep 25, 1997 $0.74 +0.0%
Jun 25, 1997 $0.74 +0.0%
Mar 25, 1997 $0.74 +0.0%
Dec 26, 1996 $0.74 +5.7%
Sep 25, 1996 $0.70 +0.0%
Jun 26, 1996 $0.70 +0.0%
Mar 27, 1996 $0.70 +0.0%
Dec 27, 1995 $0.70 +4.5%
Sep 27, 1995 $0.67 +148.1%
Jun 28, 1995 $0.27 -22.9%
May 16, 1995 $0.35 -43.5%
Mar 27, 1995 $0.62 +0.0%
Dec 23, 1994 $0.62 +0.0%
Sep 26, 1994 $0.62 +8.8%
Jun 24, 1994 $0.57 +0.0%
Mar 25, 1994 $0.57 +0.0%
Dec 27, 1993 $0.57 +5.6%
Sep 24, 1993 $0.54 +0.9%
Jun 24, 1993 $0.535 +0.9%
Mar 25, 1993 $0.53 +1.0%
Dec 24, 1992 $0.525 +1.0%
Oct 26, 1992 $0.52 +4.0%
Jun 24, 1992 $0.50 +0.0%
Mar 25, 1992 $0.50 +19.0%
Dec 24, 1991 $0.42

Payout risk check

Yield-trap heuristicLow risk

NHI scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

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. 136 payments tracked.

NHI dividend FAQ

When is NHI's next ex-dividend date?

NHI's next ex-dividend date is Sep 30, 2026 (in 22 days, declared by the company). You must own the shares before that date to receive the payment of about $0.92 per share, expected on Nov 6, 2026.

How often does NHI pay dividends?

NHI pays dividends every quarter, 4 times a year. The most recent payment was $0.92 per share with an ex-date of Jun 30, 2026.

What is NHI's dividend yield?

NHI's trailing 12-month dividend yield is 5.15%, based on $3.68 per share paid over the last year and a share price of $71.42. The forward yield, using the indicated annual rate of $3.68 per share, is 5.15%.

How much does NHI pay per share?

NHI pays about $0.92 per share each quarter, which works out to roughly $3.68 per share a year. 100 shares would collect about $368.00 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 2.7% 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 5.15%, you would need about 327 shares of NHI (roughly $23,289 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.

Similar dividend stocks