NHC - National Healthcare Corporation: Steady Dividend Paying Grower Is Undervalued
National Healthcare Corporation 5-year share-price performance. Source: TradingView
National Healthcare Corporation (NASDAQ:NHC) has come onto my radar since the company is trading at its lowest price since May 2018, despite exhibiting signs of being a fundamentally sound investment opportunity offering several advantages to buyers.
NHC has been in the managed care business since 1971 and today the company owns, leases or manages a total of 75 skilled nursing facilities, 25 assisted living facilities and 5 independent living facilities providing both sub-acute and post-acute skilled, intermediate nursing care, rehabilitative care, memory and Alzheimer's care,