Omega Announces Increase In Common Stock Dividend

Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that the Company’s Board of Directors declared a common stock dividend of $0.41 per share, increasing the quarterly common dividend by $0.01 per share over the previous quarter. The common stock dividend is payable February 15, 2012 to common stockholders of record as of the close of business on January 31, 2012.

At the date of this release, the Company had approximately 103.4 million outstanding common shares.

The Company is a real estate investment trust investing in and providing financing to the long-term care industry. At September 30, 2011, the Company owned or held mortgages on 399 skilled nursing facilities, assisted living facilities and other specialty hospitals with approximately 46,246 licensed beds (44,485 available beds) located in 35 states and operated by 49 third-party healthcare operating companies. In addition, the Company has two facilities currently held for sale.

Copyright Business Wire 2010

If you liked this article you might like

Activision Blizzard, Xilinx, Priceline Group: 'Mad Money' Lightning Round

Activision Blizzard, Xilinx, Priceline Group: 'Mad Money' Lightning Round

Buy on Weakness: Cramer's 'Mad Money' Recap (Thursday 10/19/17)

Buy on Weakness: Cramer's 'Mad Money' Recap (Thursday 10/19/17)

Don't Forget Why You Love Tech Stocks Like Amazon, Jim Cramer Explains

Don't Forget Why You Love Tech Stocks Like Amazon, Jim Cramer Explains

3 Stocks Poised for Gains Under the Donald Trump Era

3 Stocks Poised for Gains Under the Donald Trump Era

3 Stocks That Will Perform Well Under a Trump Presidency

3 Stocks That Will Perform Well Under a Trump Presidency