That portfolio of stocks I've been building since September 3, 2019, named Volio will, by Friday, August 28, 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 third of five healthcare sector stocks primed to join Volio as the fifth of five representing the sector. One of the stocks I discuss this week could become the fifty-second and last overall selection for Volio! 

My subject today is a small-cap medical care facility company named, National HealthCare Corp. Its trading ticker is NHC. This is my first report on National HealthCare Corp for the Volio portfolio. 

National HealthCare Corp Provides long-term care facilities. Its principal business includes the operation of skilled nursing facilities, assisted living facilities, independent living facilities, and home care programs. 

The company's activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer's care, senior living services, and home health care services. In addition, the company also provides management services, accounting, and financial services, as well as insurance services to third-party operators of healthcare facilities.

Its reportable segments include Inpatient services, and home care services. Generating, a majority of its revenue from Inpatient services.

As of December 31, 2019, the company operated 75 skilled nursing facilities with 9,513 licensed beds; 25 assisted living facilities; 5 independent living facilities; 35 homecare programs; and 4 pharmacy locations. 

National HealthCare Corporation was founded in 1971 and is based in Murfreesboro, Tennessee.

I use three key data points to gauge dividend equities or funds like National HealthCare Corp:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

NHC Price

National's price per share closed at $65.66 yesterday. A year ago its price was $81.51. Price fell to $15.85 or about 19.4% last year.

Assuming National's stock trades in the range of $50 to $80 this next year, its recent $65.66 price might rise by $2.00 to reach $67.66 by August 26, 2021. 

NHC Dividends

National's most recently declared quarterly dividend was $0.52, payable November 2nd. That Q dividend equates to $2.08 annually and yields 3.17% at yesterday's $65.66 share price. 

NHC Gains?

Adding the $2.08 annual estimated dividend to my $2.00 optimistic estimate of National's price upside shows a $4.08 potential gross gain, per share, to be reduced by any costs to trade the shares.  

If we put a little under $1,000.00 today in  HealthCare Corp at $65.66, we would buy 15 shares of NHC stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.67 per share.

Subtract that $0.67 brokerage cost from my estimated $4.08 gross gain per share results in a net gain of $3.41 X15 shares = $51.15 for a 5.15% net gain on a $984.90 investment.

Thus, HealthCare Corp shows a possible 5.15% net gain including a 3.17% 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 HealthCare Corp is worth it.