Highest-materiality recent filing
NHC completes $560M acquisition of 35 facilities from NHI; funds with new credit facility
Acquired 32 skilled nursing and 3 independent living facilities from NHI for $560M in cash.
NHC enters $475M credit facility to fund NHI asset purchase; existing facility to be terminated
$475M senior unsecured term loan and $50M revolving credit facility with Bank of America as admin agent.
NHC subsidiary agrees to acquire five skilled nursing facilities for $50.5M
Purchase price of $50.5M for five facilities: four in Tennessee, one in South Carolina.
NHC shareholders re-elect three directors, approve advisory say-on-pay
Emil E. Hassan re-elected with 11,653,122 votes for (544,934 against).
NHC Q1 2026 revenue up 2.2% to $381.8M; adjusted EPS $1.91 vs $1.59
GAAP net income $35.9M ($2.27 diluted EPS) vs $32.2M ($2.07) a year ago.
National HealthCare Corp increases quarterly dividend 4.7% to $0.67/share
Quarterly dividend raised to $0.67 per share, a 4.7% increase over last quarter's $0.64.
NHC agrees to acquire 35 facilities from NHI for $560M
Purchase price $560M for 32 skilled nursing and 3 independent living facilities across 7 states.
NHC FY2025 adjusted EPS $6.65 (+35%); revenue $1.52B, up 16%
Net operating revenue $1.52B (+16.1% YoY); same-facility revenue up 8.4%.
NHC expands board to 9, appoints Dr. David Gifford and Andrew Adams
Board size increased from 7 to 9; both new directors effective February 12, 2026.
NHC declares quarterly dividend of $0.64 per share
Quarterly dividend of $0.64 per common share declared.
NHC appoints Dr. Lisa Piercey to board; CEO Flatt to add President role upon Ussery retirement
Dr. Lisa Piercey appointed to NHC Board effective Nov 6, 2025, as Class 1 director; will serve on Audit Committee.
NHC Q3 2025 revenue up 12.5% to $382.7M; adjusted EPS $1.58 vs $1.27 YoY
Net operating revenue $382.7M, up 12.5% YoY driven by 8.7% same-facility growth and White Oak acquisition.
National HealthCare Corp. declares $0.64 quarterly dividend, payable Jan 30, 2026
Regular quarterly dividend of $0.64 per common share declared on November 6, 2025.
President and COO Ussery to retire after 45-year career effective Dec 31, 2025
R. Michael Ussery retiring as President and COO effective December 31, 2025.
NHC subsidiary gets default notice from NHI over four non-monetary lease provisions
Tenant (NHC/OP, L.P.) disputes NHI's default allegations for four non-monetary provisions under Master Lease covering 32 SNFs and 3 ILFs.
NHC declares quarterly dividend of $0.64 per share payable Oct. 31, 2025
Quarterly dividend of $0.64 per common share declared, payable October 31, 2025.
NHC Q2 2025 revenue up 24.7% to $374.9M; adjusted EPS $1.65 vs $1.00 YoY
Net operating revenues $374.9M (+24.7% YoY), driven by 9.6% same-facility growth and the White Oak acquisition.
NHC shareholders re-elect three directors, approve advisory say-on-pay
Stephen F. Flatt re-elected with 12,891,818 votes for; Richard F. LaRoche with 9,670,492.
NHC Q1 2025 revenue up 25.7% to $373.7M; adj. diluted EPS $1.59 (+61%)
Net operating revenues $373.7M vs $297.2M YoY; same-facility revenue up 8.5%.
NHC raises quarterly common dividend 4.9% to $0.64 per share
Quarterly dividend increased to $0.64 per common share from $0.61.
NHC dismisses EY as auditor, appoints Deloitte & Touche effective April 3
No disagreements or reportable events with EY during fiscal 2023-2024 or interim period through April 3, 2025.
NHC reports FY2024 revenue up 14.5% to $1.31B; adjusted EPS $4.93 (+39.9% YoY)
GAAP net income $101.9M ($6.53 diluted EPS) vs $66.8M ($4.34) in 2023.
NHC declares $0.61 quarterly dividend, payable April 25
Quarterly dividend of $0.61 per common share declared.
Director W. Andrew Adams to retire after 32 years, effective May 2025
W. Andrew Adams notified the company of his intent to retire from the board.
NHC declares quarterly dividend of $0.61 per share
Quarterly dividend of $0.61 per common share declared.
NHC Q3 revenue up 18% to $340M; GAAP EPS $2.73, adjusted EPS $1.27
Net operating revenues and grant income $340.2M, up 17.9% YoY, driven by Aug 1 acquisition of White Oak Manor.
NHC declares $0.61 quarterly dividend payable Nov 1, 2024
Quarterly dividend of $0.61 per common share.
NHC Q2 2024 GAAP EPS $1.73 vs $1.06 YoY; revenue up 6.4%
Net operating revenues and grant income $300.7M, up 6.4% YoY from $282.6M.
NHC completes $221.4M acquisition of White Oak senior living portfolio; enters $200M credit facility
Completed $221.4M acquisition of White Oak portfolio: 14 facilities in NC and SC, plus pharmacy.
NHC director Ernest G. Burgess III to retire July 31 after 27 years on board
Director Ernest G. Burgess III, 84, will retire effective July 31, 2024, after 27 years on the board.
NHC to acquire White Oak Senior Living portfolio for $221.4M
Purchase price $221.4M for 14 skilled nursing facilities (5 in NC, 9 in SC) and a long-term care pharmacy.
Shareholders re-elect Abernathy and Adams; say-on-pay passes with 98% support
J. Paul Abernathy re-elected with 8.97M for, 3.59M against (28.5% opposed).
NHC raises quarterly dividend to $0.61 per share, a 3.4% increase
Quarterly dividend of $0.61 per common share declared, up 3.4% from prior quarter.
NHC Q1 2024 revenue $297M (+10.2%), adjusted EPS $0.97 vs $0.79
Revenue $297.2M, up 10.2% YoY; GAAP net income $26.2M ($1.69 diluted EPS) vs $11.7M ($0.76).
NHC 2023 GAAP EPS $4.34 vs $1.45; adjusted EPS $3.55; revenue up 5.1% to $1.14B
Full-year GAAP net income $66.8M ($4.34 diluted EPS) vs $22.4M ($1.45) in 2022.
NHC announces $0.59 quarterly dividend; payable May 1, 2024
Quarterly dividend of $0.59 per common share declared.
NHC reports Q3 2023 GAAP net income $10.4M vs loss $2.4M a year ago; adjusted EPS $0.86
Net operating revenues + grant income $288.5M, up 6.5% YoY; same-facility revenues up 11.8% excluding ceased operations.
NHC declares quarterly dividend of $0.59 per share
Quarterly dividend of $0.59 per common share announced.
NHC board sets annual say-on-pay frequency after shareholder vote
Shareholders re-elected directors W. Andrew Adams, Ernest G. Burgess III, and Emil E. Hassan.
NHC declares quarterly dividend of $0.59 per share
Quarterly dividend of $0.59 per common share announced.
NHC Q2 2023 GAAP EPS $1.06 vs $0.21 YoY; adjusted EPS $0.89 vs $0.46
Net revenue and grant income $282.6M, up 4.1% YoY; same-facility revenue up 11.5%.
NHC names Brian F. Kidd Senior VP & CFO; Jeff Smith retires May 31
Jeffrey R. Smith, Senior VP & Treasurer, retires effective May 31, 2023.
NHC Senior VP & Treasurer Jeffrey R. Smith to retire effective May 31, 2023
Jeffrey R. Smith, Senior Vice President and Treasurer, announced retirement effective May 31, 2023.
NHC enters into $50M revolving credit facility with Pinnacle Bank
Revolver of $50 million with a one-year term, unsecured.
Directors W. Andrew Adams, Ernest G. Burgess, III, and Emil E. Hassan re-elected with majority 'For' votes.
NHC Q1 2023 GAAP EPS $0.76, adjusted EPS $0.79; revenue down 3.4% on lower stimulus
GAAP net income $11.7M ($0.76 diluted EPS); adjusted net income $12.1M ($0.79 adjusted EPS).
NHC raises quarterly dividend 3.5% to $0.59/share
Quarterly dividend increased 3.5% to $0.59 per common share from $0.57.
NHC FY2022 adjusted EPS $2.42 vs $4.06; revenue up 1.1% to $1.09B; stimulus decline hits earnings
GAAP net income $22.4M ($1.45 per share) vs $138.6M ($8.99) in 2021.
National HealthCare declares $0.57 quarterly dividend
Quarterly dividend set at $0.57 per common share.
NHC Q3 GAAP net loss $2.4M; adjusted EPS $0.50 down 48% YoY as stimulus fades
Q3 GAAP net loss $2.43M ($0.16 diluted loss per share) vs $3.35M loss ($0.22 loss) prior year.
On November 7, 2024, W. Andrew Adams notified National HealthCare Corporation (the “Company”) that, after 32 years of service, he intends to retire as a member of the Company Board of Directors (the “Board”) effective at the conclusion of the 2025 annual meeting of shareholders to be held on May 8, 2025.
On July 8, 2024, Ernest G. Burgess, III, an NHC director since 1997, notified the Company that he intends to retire from the Board effective July 31, 2024.
Jeffrey R. Smith, Senior Vice President and Treasurer, announced his intent to retire from the Company effective on May 31, 2023.
Mr. Kidd’s title will change to “Senior Vice President and Chief Financial Officer” effective May 31, 2023.
Jeffrey R. Smith, Senior Vice President and Treasurer, has announced that he plans to retire from the Company effective on May 31, 2023.
appointed Ms. Sandra Y. Trail to fill the resulting vacancy as of the Effective Date.
appointed Ms. Sandra Y. Trail to fill the resulting vacancy as of the Effective Date.
Max materiality 0.85 · Median 0.57 · Most common event earnings