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National Health Investors (NHI) will raise its quarterly dividend by 5.0 percent to $1.05 per share in the first quarter of 2019. This marks the 17th consecutive year of dividend increases by NHI.

The next dividend is payable on May 10, 2019 to shareholders of record as of March 29, 2019. A new annual rate of $4.20 yields 5.2% at a stock price of $80.38.

National Health Investors, Inc. 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.