Key Developments: National Health Investors Inc (NHI)
71.40USD
17 May 2013
$0.26 (+0.37%)
$71.14
$71.39
$71.64
$70.80
59,234
90,005
$71.77
$47.20
Latest Key Developments (Source: Significant Developments)
National Health Investors Inc Raises FY 2013 FFO Guidance-Conference Call
National Health Investors Inc announced that for fiscal 2013, it expects normalized FFO to be in a range of $3.42 to $3.50 per diluted share. According to I/B/E/S Estimates, analysts were expecting the Company to report FFO of $3.40 for fiscal 2013. Full Article
National Health Investors Inc Announces Second Quarter Dividend
National Health Investors Inc announced that a second quarter dividend will be $0.735 per common share, which represents a 5.8% increase from the first quarter of 2013 and a 13.1% increase from the second quarter of 2012. The dividend will be payable on August 9, 2013 to shareholders of record on June 28, 2013. Full Article
National Health Investors Inc Announces $26.3 Million Acquisition
National Health Investors Inc announced a $26.3 million acquisition totaling 254 beds. The skilled nursing facilities, each less than two years old, are located in Canton and Corinth, Texas. Indirect affiliates of Fundamental committed to a ten-year initial lease term plus annual fixed escalators. The purchase was funded from borrowings on NHI`s revolving credit facility. Full Article
National Health Investors Inc Increases First Quarter Dividend
National Health Investors Inc announced that it will increase its first quarter dividend to $.695 per common share to shareholders of record on March 29, 2013 and payable on May 10, 2013. This represents an annualized dividend of $2.78 per common share. Full Article
National Health Investors Inc Issues FY 2013 FFO Guidance Below Analysts' Estimates
National Health Investors Inc announced that for fiscal 2013, it expects normalized fund from operation (FFO) to be from $3.30 to $3.38 per diluted common share. According to I/B/E/S Estimates, analysts were expecting the Company to report FFO of $3.39 for fiscal 2013. Full Article
National Health Investors Inc Announces Special Dividend
National Health Investors Inc announced that it will pay a special dividend of $.22 per common share to shareholders of record on January 10, 2013, and payable on January 31, 2013. In accordance with IRS Sec. 857(b)(9), this dividend will be treated for tax purposes as having been paid in the fiscal year ending December 31, 2012. Full Article
National Health Investors Inc Sells New Jersey Facility For $23 Million
National Health Investors Inc announced it has sold its 148-bed, Edison, New Jersey senior living campus for $23 million to its current tenant, Sunrise Senior Living, pursuant to a purchase option between the parties. Billed revenue to NHI during 2012 was approximately $1.4 million. Full Article
National HealthCare Corp Announces Purchase of Six Health Care Centers from National Health Investors Inc and Extends Lease Through 2026
National HealthCare Corp announced the purchase of six skilled health care centers from National Health Investors Inc (NHI). The six centers, which are located in Columbia (2), Knoxville and Springfield, Tennessee, Madisonville, Kentucky and Rossville, Georgia, have been leased by NHC since 1991 and have a total of 650 beds. The purchase price is $21 million and the transaction will close on December 31, 2013. In addition, the company also announced the extension of a master lease with NHI through December 31, 2026 for 38 skilled health care centers and three independent living centers. With the purchase of the six previously leased centers mentioned above, NHC`s lease payment will decrease by $2.95 million beginning in 2014. Full Article
National Health Investors Inc Acquires Wisconsin Assisted Living Facility for $20.2 Million
National Health Investors Inc announced a $20.2 million purchase of Charleston House, a 120-unit assisted living and memory care facility in Beaver Dam, Wisconsin. Charleston House will be leased to Landmark Senior Living Communities (Landmark) for an initial term of 15 years with renewal options, at a lease rate of 7.75% plus annual fixed escalators. The purchase was funded from borrowings on NHI`s revolving credit facility. Full Article
National Health Investors Inc Announces $9 Million Purchase/Leaseback of Three Assisted Living Facilities in Oregon and Idaho
National Health Investors Inc announced a $9 million purchase and leaseback transaction with Milestone Retirement Communities, LLC ("Milestone"). The 101-unit acquisition includes two assisted living facilities in Ontario, Oregon and one in Weiser, Idaho. Milestone will lease and continue to operate the facilities for an initial term of 10 years with renewal options at a lease rate of 7.75% plus annual fixed escalators. The purchase was funded from borrowings on NHI`s revolving credit facility. Full Article
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