Omega Healthcare Investors Stock To Go Ex-dividend Tomorrow (OHI)
The ex-dividend date for Omega Healthcare Investors (NYSE:OHI) 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., the dividend yield is 8.8%.
NEW YORK ( TheStreet) -- The ex-dividend date for Omega Healthcare Investors (NYSE: OHI) 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 financial sector and real estate 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 hold. 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 Omega Healthcare Investors Ratings Report. See our dividend calendar or top-yielding stocks list.