NEW YORK (
) -- The ex-dividend date for
) is tomorrow, October 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $17.52 as of 9:30 a.m. ET, the dividend yield is 8.8%.
The average volume for Omega Healthcare Investors has been 1.2 million shares per day over the past 30 days. Omega Healthcare Investors has a market cap of $1.9 billion and is part of the
industry. Shares are down 23.2% year to date as of the close of trading on Tuesday.
Omega Healthcare Investors, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in healthcare facilities, principally long-term healthcare facilities in the United States. The company has a P/E ratio of 75.5, below the average real estate industry P/E ratio of 78.7 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Omega Healthcare Investors as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full