National Health Investors: NHI Provides Business Update
Recent
Deferral Agreements
In April, NHI entered into a rent deferral agreement with Bickford Senior Living ( Bickford ) which includes a deferral not to exceed $3.0 million for April and a deferral not to exceed $2.0 million for May. Per the agreement, NHI granted Bickford a deferral of $3.0 million for April. All deferred amounts under the agreement, including the previously disclosed $3.0 million for March, bear interest at 8% from the date of the deferral and are expected to be repaid over a period of 18 months commencing on October 1, 2021.
The Company continues to work diligently with any operators that need assistance related to the ongoing COVID-19 pandemic to find solutions to support them until business operations begin to stabilize. Discussions are ongoing with other tenants and while agreements on further rent concessions have yet to be finalized, the Company expects that future concessions are forthcoming.
10 Best Dividend Stocks For 2021
In this article we will take at 10 best dividend stocks for 2021. You can skip our detailed discussion on the merits of dividend investing and go to 5 Best Dividend Stocks for 2021.
Dividend investing remains one of the best ways to make money off the stock markets, especially during times of trouble. Dividends help create a buffer against portfolio losses when equity prices are declining. Data shows that dividend-paying companies have produced stronger returns when compared to non-dividend stocks. According to a report by Raymond James, since the 1930s through 2010, compounded dividends on average accounted for about 50% of total stock returns. The report also analyzed about 1000 stocks and concluded that high-yield dividend stocks delivered stronger returns with less risk as compared to low-yielding stocks.
10 Best Dividend Stocks For 2021 yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
National Health Investors: NHI Announces First Quarter 2021 Dividend
About NHI
Incorporated in 1991, National Health Investors, Inc. (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI s portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals. For more information, visit www.nhireit.com.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
Operator
Greetings and welcome to the Fourth Quarter 2020 Conference Call. [Operator Instructions] This conference is being recorded Tuesday, February 23, 2021.
And now I d like to turn the conference over to Dana Hambly. Please go ahead.
Dana Hambly
Director of Investor Relations
Thank you and welcome everyone to National Health Investors conference call to review the company s results for the fourth quarter of 2020. On the call with me today are Eric Mendelsohn, President and CEO; Kevin Pascoe, Chief Investment Officer; John Spaid, Executive Vice President and Chief Financial Officer; and David Travis, Chief Accounting Officer. The results, as well as notice of the accessibility of this conference call on a listen-only basis were released yesterday after market closed in a press release that s been covered by the financial media.