National Health Investors (NYSE:NHI) maintained its reputation as a high-yield income REIT as it announced a third-quarter dividend of $1.05 per share for its common shareholders. At the current price, the REIT gives an attractive dividend yield of over 5 percent. Along with the dividend announcement, the REIT also reported positive financial numbers for the second quarter of the year. National Health Investors shows good potential for a long-term income oriented portfolio, so let's have a look at the fundamentals behind this REIT to gauge its investibility.
The Portfolio
National Health Investors holds