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26 June
Ex-Dividend Reminder: National Health Investors, CareTrust REIT and Sunstone Hotel Investors

Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, National Health Investors, Inc. (Symbol: NHI), CareTrust REIT Inc (Symbol: CTRE), and Sunstone Hotel Investors Inc (Symbol: SHO) will all trade ex-dividend for their respective upcoming dividends. National Health Investors, Inc. will pay its quarterly dividend of $0.90 on 8/2/24, CareTrust REIT Inc will pay its quarterly dividend of $0.29 on 7/15/24, and Sunstone Hotel Investors Inc will pay its quarterly dividend of $0.09 on 7/15/24. As a percentage of NHI's recent stock price of $66.68, this dividend works out to approximately 1.35%, so look for shares of National Health Investors, Inc. to trade 1.35% lower — all else being equal — when NHI shares open for trading on 6/28/24. Similarly, investors should look for CTRE to open 1.18% lower in price and for SHO to open 0.88% lower, all else being equal.

Below are dividend history charts for NHI, CTRE, and SHO, showing historical dividends prior to the most recent ones declared.

National Health Investors, Inc. (Symbol: NHI):

NHI+Dividend+History+Chart

CareTrust REIT Inc (Symbol: CTRE):

CTRE+Dividend+History+Chart

Sunstone Hotel Investors Inc (Symbol: SHO):

SHO+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 5.40% for National Health Investors, Inc., 4.71% for CareTrust REIT Inc, and 3.54% for Sunstone Hotel Investors Inc.

In Wednesday trading, National Health Investors, Inc. shares are currently off about 0.9%, CareTrust REIT Inc shares are down about 1.6%, and Sunstone Hotel Investors Inc shares are down about 0.4% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.