Omega Announces Quarterly Dividend

Rhea-AI Summary

Omega Healthcare Investors (NYSE:OHI) announced a cash dividend of $0.67 per share, set to be paid on February 15, 2023. Shareholders of record as of February 6, 2023 will qualify for this distribution. As a real estate investment trust focused on the long-term healthcare sector, Omega's portfolio includes skilled nursing and assisted living facilities, operating under a triple-net lease structure. The company's assets are diversified across the US and the UK, reflecting a commitment to supporting the healthcare industry.

Positive

• Declared a cash dividend of $0.67 per share, enhancing shareholder income.
• Diversified portfolio in the long-term healthcare sector including skilled nursing and assisted living facilities.
• Assets operated under a triple-net lease structure indicate stable revenue.

Negative

• None.

HUNT VALLEY, Md.--(BUSINESS WIRE)-- Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that the Company’s Board of Directors declared a cash dividend of $0.67 per share on its common stock. The dividend is payable Wednesday, February 15, 2023, to common stockholders of record as of the close of business on Monday, February 6, 2023.

Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK. More information on Omega is available at www.omegahealthcare.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230126005942/en/

David Griffin, Director, Corporate Strategy & Investor Relations, at (410) 427-1705

Source: Omega Healthcare Investors, Inc.

FAQ

What is the dividend amount for Omega Healthcare Investors (OHI)?

The declared dividend amount is $0.67 per share.

When will the OHI dividend be paid?

The dividend will be payable on February 15, 2023.

When is the record date for the OHI dividend?

The record date for the dividend is February 6, 2023.

How does Omega Healthcare Investors generate revenue?

Omega generates revenue primarily through investments in skilled nursing and assisted living facilities under a triple-net lease structure.

Is the dividend from Omega Healthcare (OHI) sustainable?

While the press release does not specify sustainability metrics, dividends are typically supported by the company’s steady revenue from its healthcare investments.