Omega Healthcare Investors, Inc. (NYSE:OHI) Plans Dividend Increase – $0.68 Per Share

Omega Healthcare Investors, Inc. (NYSE:OHI) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Monday, August 3rd will be paid a dividend of 0.68 per share by the real estate investment trust on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Monday, August 3rd. This is a 1.5% increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67.

Omega Healthcare Investors has a dividend payout ratio of 148.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Omega Healthcare Investors to earn $3.17 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 84.5%.

Omega Healthcare Investors Stock Up 0.7%

OHI opened at $50.96 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 5.32 and a quick ratio of 5.32. The company’s 50-day moving average is $47.40 and its 200 day moving average is $46.40. Omega Healthcare Investors has a fifty-two week low of $38.22 and a fifty-two week high of $51.37. The firm has a market capitalization of $15.18 billion, a P/E ratio of 24.62, a PEG ratio of 2.16 and a beta of 0.58.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). The firm had revenue of $322.95 million during the quarter, compared to the consensus estimate of $264.07 million. Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The company’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Research analysts expect that Omega Healthcare Investors will post 3.09 earnings per share for the current fiscal year.

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.