Dividend Increase – Omega Healthcare (OHI)

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OHI announced 01/14 a quarterly dividend increase from $0.56 to $0.57 per share that’s payable Feb. 16, 2016 to holders of record as of Feb. 2, 2016.  This is their 14th consecutive quarterly dividend increase!  I love multiple increases in the same year!

OHI happens to be the only REIT I currently own.  I’m comfortable in the Healthcare REIT space and like the track record of this company.  I’m looking at adding another lot of 100 shares hopefully this year.

OHI currently yields 6.7%, after some price contraction the last several months.  OHI is a Dividend Contender, having increased their dividend for over 10 straight years.

Since I own 100 shares this will increase my yearly dividends by $4.00.

*note: I’m also looking forward to a raise from NSC in about a week and NVS by end of month.

Comments

  1. says

    I agree with you on the multiple dividend increases per year, especially if the year-over-year increases is 7.5% on top of an excellent dividend yield! I might just follow your lead and add more shares to my holding this year…

    Cheers
    FerdiS, DivGro
    FerdiS recently posted…Quarterly Review, Q4-2015My Profile

    • All About Interest says

      FerdiS,

      It’s my only REIT and I’ve been really happy with them so far. They have a great mix of tenants in the healthcare space. The price is also making them really tempting for adding more shares.

      Cheers!

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