National Healthcare Properties, Inc. NHPAP
National Healthcare Properties, Inc. (Nasdaq: NHP) is a self-managed real estate investment trust focused on acquiring, owning and investing in a diversified portfolio of healthcare real estate, with an emphasis on providing senior housing to serve a growing elderly population in the United States.
Snapshot
Reported FFO / Normalized FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-13) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $342.28M | $-57.62M | $80.15M | $101.08M | $6.95M |
| 2024 | $353.79M | $-189.70M | $84.07M | $-22.36M | $-79.85M |
| 2023 | $345.93M | $-72.30M | $82.87M | $76.87M | $21.62M |
| 2022 | $335.85M | $-79.49M | $82.06M | $54.38M | $28.30M |
| 2021 | $329.36M | $-85.18M | $79.73M | $42.59M | $38.88M |
| 2020 | $381.61M | $-75.81M | $80.97M | $61.12M | $41.81M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-04-06 | 2026-04-06 | 2026-04-15 | 2026-03-26 | $0.46 | Quarterly |
| 2026-01-02 | 2026-01-02 | 2026-01-15 | 2025-12-19 | $0.46 | Quarterly |
| 2025-10-03 | 2025-10-03 | 2025-10-15 | 2025-09-19 | $0.46 | Quarterly |
| 2025-07-03 | 2025-07-03 | 2025-07-15 | 2025-06-20 | $0.46 | Quarterly |
| 2025-04-04 | 2025-04-04 | 2025-04-15 | 2025-03-26 | $0.46 | Quarterly |
| 2025-01-03 | 2025-01-03 | 2025-01-15 | 2024-12-20 | $0.46 | Quarterly |
| 2024-10-04 | 2024-10-04 | 2024-10-15 | 2024-09-20 | $0.46 | Quarterly |
| 2024-07-05 | 2024-07-05 | 2024-07-15 | — | $0.46 | Quarterly |
| 2024-04-04 | 2024-04-05 | 2024-04-15 | — | $0.46 | Quarterly |
| 2024-01-04 | 2024-01-05 | 2024-01-16 | — | $0.46 | Quarterly |
| 2023-10-05 | 2023-10-06 | 2023-10-16 | — | $0.46 | Quarterly |
| 2023-07-05 | 2023-07-06 | 2023-07-17 | — | $0.46 | Quarterly |
| 2023-04-05 | 2023-04-06 | 2023-04-17 | — | $0.46 | Quarterly |
| 2023-01-05 | 2023-01-06 | 2023-01-17 | — | $0.46 | Quarterly |
| 2022-10-06 | 2022-10-07 | 2022-10-17 | — | $0.46 | Quarterly |
| 2022-07-01 | 2022-07-05 | 2022-07-15 | — | $0.46 | Quarterly |
| 2022-04-07 | 2022-04-08 | 2022-04-18 | — | $0.46 | Quarterly |
| 2022-01-06 | 2022-01-07 | 2022-01-18 | — | $0.46 | Quarterly |
| 2021-10-04 | 2021-10-05 | 2021-10-15 | — | $0.46 | Quarterly |
| 2021-07-01 | 2021-07-02 | 2021-07-15 | — | $0.46 | Quarterly |
| 2021-04-01 | 2021-04-05 | 2021-04-15 | — | $0.46 | Quarterly |
| 2021-01-04 | 2021-01-05 | 2021-01-15 | — | $0.46 | Quarterly |
| 2020-10-02 | 2020-10-05 | 2020-10-15 | — | $0.46 | Quarterly |
| 2020-07-01 | 2020-07-02 | 2020-07-15 | — | $0.34 | Quarterly |
Coverage (payout of operating cash flow): 750.77%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.