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.