Friday, July 14, 2017

Dividend Increase – Omega Healthcare Investors, Inc. (OHI)

Yesterday, 13 July Omega Healthcare Investors, Inc. announced a quarterly dividend increase of from $ 0.63 to $ 0.64 per share that’s payable August 15, 2017 to holders of record August 1, 2017. This represents a 1.59% increase to regular quarterly dividends. Maybe this increase appears to be small, but it is worth remembering that, Omega Healthcare Investors prefers to raise the dividend four times a year. The August payment in 2016 was $ 0.60 so 2017's payout represents an 6.67% increase year over year. Omega Healthcare Investors has now increased dividends for 20 consecutive quarters. With current price $ 32.86 (yesterday's close), this raise brings their dividend yield to 7.79%. 

Since I own 150 shares this will increase my yearly net dividends by $ 4.47.

That increase rises my YOC to 7.12%

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Thanks for stopping by!


  1. A nice company with an awesome track record. Now we cross our fingers for increased dividends nother 20, 40, 60 consecutive quarters :)

    Best regards petrusko

  2. I would never invest in US REITs or utility stocks. Just look at the way they issue more stocks and debt.

    OHI's share amount has doubled in four years.


    1. That is interesting. Never thought to look at that metric.

  3. During 2012-2016, shares outstanding has increased from 108M to about 196M. During that time the NAREIT Funds from operations has increased from 222MUSD to 660MUSD. Payout ratio from FFO has been about 75%, and looks like it was about 69% in 2016. It's OK and very typical to increase the shares outstanding if you can create value out of those investments.

    Medicare/Medicaid annual spending is slowing, but still increasing. Board of directors are owning in total 4'900'000 shares (ca.2.5% of the company) so they are balls deep riding together with OHI's success.

    All's fine, maybe you should join the ride as well?

    (Long OHI)