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Omega Healthcare Investors Lifts Dividend By a Penny

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Omega Healthcare Investors (NYSE: OHI  ) has added a cent to its dividend. The company will distribute $0.46 per share of its common stock on May 15 to shareholders of record as of April 30. This represents the third successive increase in the specialty REIT's payout, following a $0.01 bump in the dividend handed out in January and a $0.02 lift in Oct. 2012's disbursement. 

Since late 2009 Omega Healthcare has frequently, albeit cautiously, lifted its payout from $0.30 per share to the current level.

The new dividend annualizes to $1.84 per share. That yields 5.7% at Omega Healthcare's most recent closing stock price of $32.21.

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Related Tickers

9/23/2016 4:02 PM
OHI $36.13 Up +0.10 +0.28%
Omega Healthcare I… CAPS Rating: ****