A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!
Today I'm reviewing the fifth of five healthcare sector stocks poised to join my Volio folio this week. This could be my thirty-seventh pick for Volio!
That healthcare sector includes ten industries all related to testing, diagnosing and treating what ails us. Healthcare industries are: biotechnology; diagnostics & research; drug manufacturers - major and - specialty & generic; healthcare plans; healthcare facilities; medical care; medical devices; medical distribution; medical supplies.
My subject today is a healthcare facility REIT - named, National Health Investors Inc. Its trading ticker symbol is NHI. This is my first report for National Health Investors for this portfolio.
National Health Investors Inc is a healthcare facility REIT. The company invests in various healthcare facilities, including independent living facilities, senior living campuses, and medical office buildings.
National generates all of its revenue in the United States mainly from rental income, mortgage and other fixed-rate investments rate in investments in real estate assets.
The company considers merger and acquisition investment to be a component of its operational growth strategy. National offers a variety of financing, including sale/leaseback, mezzanine, joint-venture, and construction financing.
Incorporated in 1991, National Health Investors, Inc. is headquartered in Murfreesboro, TN.
I use three key data points to gauge dividend equities or funds like National Health Investors Inc:
(1) Price
(2) Dividends
(3) Returns
Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.
Those three basic keys, however, best tell whether a company has made, is making, and will make money.
NHI Price
NHI's price per share closed at $47.49 yesterday. A year ago their price was $79.09. Market price decreased $31.60 or just under 40% in the past year.
Assuming NHI's stock trades in the range of $20 to $60 this next year, its recent $47.49 price might rise by $2.51 to reach $50.00 by May 15, 2021.
NHI Dividends
NHI's most recent declared quarterly dividend was increased $0.052 to $1.102 paid May 8th. That $1.102 Q dividend equates to $4.41 annually and yields 9.28% at yesterday's $48.490 share price.
NHI Gains?
Adding the $4.41 annual estimated dividend to my $2.51 optimistic estimate of National Health Investor's price upside shows a $6.91 potential gross gain, per share, reduced by any costs to trade those shares.
A little under $1,000.00 invested today in National Health Investors Inc shares at their $47.49 price, buys 21 shares of NHI stock.
A $10 broker fee paid half at purchase and half at sale could cost about $0.48 per share.
Subtract that $0.48 brokerage cost from my estimated $6.91 gross gain per share results in a net gain of $6.43 X 21 shares = $135.03 for a 13.5% net gain on a $997.29 investment.
National Health Investors Inc shows a possible 13.5% net gain including a 9.28% dividend yield. It could be more, it could be less.
The above speculation is based on past performance and supposition. Only time and money invested will tell if National Health Investors Inc is worth it.
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