UPDATE: National Health Investors (NHI) Lowers Quarterly Dividend 18.4% to $0.90; 5.3% Yield
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NHI Provides Business Update and Declares Second Quarter 2021 Dividend
June 3, 2021 4:31 PM EDTMURFREESBORO, TN / ACCESSWIRE / June 3, 2021 / National Health Investors, Inc. (NYSE: NHI) today provided an update on a deferral agreement with Holiday Retirement ("Holiday"), updated its May and second quarter contractual cash collections, and declared a second quarter dividend.
Holiday Deferral Agreement
NHI has reached an agreement with Holiday that defers rent of $600,000 per month for May, June, and July of 2021. The Company also agreed to release $600,000 per month to be applied to rent for May, June, and July of 2021 from the Holiday security deposit which totaled $10.6 million prior to this... More
