Omega Healthcare Investors Stock To Go Ex-dividend Tomorrow (OHI)

NEW YORK ( TheStreet) -- The ex-dividend date for Omega Healthcare Investors (NYSE: OHI) is tomorrow, April 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $21.52 as of 9:30 a.m. ET, the dividend yield is 8%.

The average volume for Omega Healthcare Investors has been 760,100 shares per day over the past 30 days. Omega Healthcare Investors has a market cap of $2.18 billion and is part of the financial sector and real estate industry. Shares are up 10.8% 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 45.6, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Omega Healthcare Investors as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Omega Healthcare Investors Ratings Report.

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