Yesterday Omega Healthcare Investors Inc. announced a quarterly dividend increase of from $0.55 to $0.56 ($2.24 annualized) per share that’s payable November 16, 2015 to holders of record November 2, 2015. That's a 1.82% increase from the previous rate but a 7.70% increase year over year.
With current price $35.57 (today's open), this raise brings their dividend yield to 6.30%.
Since I own 100 shares this will increase my yearly net dividends by $2.98.
That increase rises my YOC to 6.15 %.
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You can follow the development of my dividends here.
Full Disclosure: Long OHI