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

Thursday, 13 April Omega Healthcare Investors, Inc. announced a quarterly dividend increase of from $0.62 to $0.63 per share that’s payable May 15, 2017 to holders of record May 1, 2017. This represents a 1.61% 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 May payment in 2016 was $0.58 so 2017's payout represents an 8.62% increase year over year. Omega Healthcare Investors has now increased dividends for 19 consecutive quarters. With current price $34.06 (Thursday's close), this raise brings their dividend yield to 7.40%. 

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

That increase rises my YOC to 7.01%

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Thanks for stopping by!