National Healthcare's most recent quarterly dividend of $0.59 per share was on Mar 27, 2024 (ex-date). The annualized payout of $2.36 per share represents a current dividend yield of 2.68%.
National Healthcare's dividend yield of 2.68% is higher than the Healthcare sector and the industry average. If we compare it with the Healthcare sector average of 1.94%, National Healthcare's dividend yield is 38% higher. Historically NHC's dividend yield has averaged at 3.1% in the last 5 years, which is more than the current one.
National Healthcare has a dividend history dating as far as 1994, but when it comes to recent years the company has recorded 20 consecutive years of dividend payments. Our records of NHC show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 3.5% for the last year. But since the stock price has gone up by 53% from a year ago, the dividend yield has decreased by 33%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 27, 2024 | May 1, 2024 | Feb 9, 2024 | $0.59 | normal |
| Dec 28, 2023 | Feb 1, 2024 | Nov 2, 2023 | $0.59 | normal |
| Sep 28, 2023 | Nov 1, 2023 | Aug 3, 2023 | $0.59 | normal |
| Jun 29, 2023 | Jul 31, 2023 | May 4, 2023 | $0.59 | normal |
| Mar 30, 2023 | May 1, 2023 | Feb 10, 2023 | $0.57 | normal |
| Dec 29, 2022 | Feb 1, 2023 | Nov 4, 2022 | $0.57 | normal |
| Sep 29, 2022 | Nov 1, 2022 | Aug 4, 2022 | $0.57 | normal |
| Jun 29, 2022 | Aug 1, 2022 | May 5, 2022 | $0.57 | normal |
| Mar 30, 2022 | May 2, 2022 | Feb 11, 2022 | $0.55 | normal |
| Dec 30, 2021 | Feb 1, 2022 | Nov 4, 2021 | $0.55 | normal |
| Sep 29, 2021 | Nov 1, 2021 | Aug 5, 2021 | $0.52 | normal |
| Jun 29, 2021 | Aug 2, 2021 | May 6, 2021 | $0.52 | normal |
| Mar 30, 2021 | May 3, 2021 | Feb 12, 2021 | $0.52 | normal |
| Dec 30, 2020 | Feb 1, 2021 | Nov 6, 2020 | $0.52 | normal |
| Sep 29, 2020 | Nov 2, 2020 | Aug 7, 2020 | $0.52 | normal |
| Jun 29, 2020 | Aug 3, 2020 | May 11, 2020 | $0.52 | normal |
| Mar 30, 2020 | May 1, 2020 | Feb 14, 2020 | $0.52 | normal |
| Dec 30, 2019 | Feb 3, 2020 | Nov 6, 2019 | $0.52 | normal |
| Sep 27, 2019 | Dec 2, 2019 | Aug 9, 2019 | $0.52 | normal |
| Jun 27, 2019 | Aug 30, 2019 | May 9, 2019 | $0.52 | normal |
| Mar 28, 2019 | Jun 3, 2019 | Feb 15, 2019 | $0.5 | normal |
| Dec 28, 2018 | Mar 1, 2019 | Nov 9, 2018 | $0.5 | normal |
| Sep 27, 2018 | Dec 3, 2018 | Aug 10, 2018 | $0.5 | normal |
| Jun 28, 2018 | Aug 31, 2018 | May 3, 2018 | $0.5 | normal |
| Mar 28, 2018 | Jun 1, 2018 | Feb 14, 2018 | $0.48 | normal |
| Dec 28, 2017 | Mar 1, 2018 | Nov 10, 2017 | $0.48 | normal |
| Sep 28, 2017 | Dec 1, 2017 | Aug 4, 2017 | $0.48 | normal |
| Jun 28, 2017 | Sep 1, 2017 | May 9, 2017 | $0.48 | normal |
| Mar 29, 2017 | Jun 1, 2017 | Feb 10, 2017 | $0.45 | normal |
| Dec 28, 2016 | Mar 1, 2017 | Nov 4, 2016 | $0.45 | normal |
| Sep 28, 2016 | Dec 1, 2016 | Aug 5, 2016 | $0.45 | normal |
| Jun 28, 2016 | Sep 1, 2016 | May 3, 2016 | $0.45 | normal |
National Healthcare's payout ratio of 54.1% is above the Healthcare sector and the industry average. Compared to its Healthcare sector average of 35.5%, National Healthcare's payout ratio is 52% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NHC National Healthcare Corp | 2.64% | $2.36 | 54.1% |
| ENSG Ensign Group Inc | 0.2% | $0.24 | 6.3% |
| HCSG Healthcare Services Group Inc | N/A | N/A | N/A |
Yes, National Healthcare has paid four dividends in the last 12 months. NHC has been paying dividends since 2004.
NHC hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
National Healthcare's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.59 per share.
NHC has paid dividend of $2.36 per share in the last year.
National Healthcare's current dividend yield is 2.68%.
National Healthcare pays dividends quarterly.
National Healthcare's dividend payout ratio is 54.1%.
National Healthcare's dividend yield is more than the Healthcare sector average.