Omega Healthcare Investors, Inc. to Issue Quarterly Dividend of $0.67 (NYSE:OHI)

Key Points

• Omega Healthcare declared a quarterly dividend of $0.67 per share (annualized $2.68), with an ex‑dividend/record date of May 4 and payment scheduled for May 15, implying a yield of about 5.8%.
• The REIT's current dividend payout ratio is 148.1%, meaning dividends exceed current earnings and are being funded from the balance sheet, though analysts forecast $3.20 EPS next year which would reduce the payout ratio to ~83.8%.
• Omega is a healthcare REIT focused on long‑term care properties; the stock has a market cap of about $13.8B, a P/E of ~24, a 12‑month range of $35.08–$49.14, and a beta of 0.59.

Omega Healthcare Investors, Inc. (NYSE:OHI - Get Free Report) declared a quarterly dividend on Thursday, April 23rd. Investors of record on Monday, May 4th will be paid a dividend of 0.67 per share by the real estate investment trust on Friday, May 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Monday, May 4th.

Omega Healthcare Investors has a dividend payout ratio of 148.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Omega Healthcare Investors to earn $3.20 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 83.8%.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $46.36 on Friday. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.78. Omega Healthcare Investors has a 12 month low of $35.08 and a 12 month high of $49.14. The stock has a market cap of $13.81 billion, a price-to-earnings ratio of 24.02, a PEG ratio of 2.00 and a beta of 0.59. The company's 50 day moving average is $46.41 and its two-hundred day moving average is $44.58.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company's core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.

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