Omega Healthcare Investors, Inc. (NYSE:OHI) Stock to Pay Quarterly Dividend of $0.68

Omega Healthcare Investors, Inc. (NYSE:OHI) announced a quarterly dividend on Monday, October 26th. Stockholders of record on Thursday, November 5th will be paid a dividend of $0.68 per share by the real estate investment trust on Monday, November 16th. This represents a $2.72 annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Thursday, November 5th.

Omega Healthcare Investors has a payout ratio of 150.3% 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 $3.21 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 84.7%.

Omega Healthcare Investors Stock Up 1.6%

Shares of Omega Healthcare Investors stock opened at $46.98 on Tuesday. The company has a market cap of $14.24 billion, a PE ratio of 16.78, a price-to-earnings-growth ratio of 1.87 and a beta of 0.53. Omega Healthcare Investors has a 52 week low of $39.26 and a 52 week high of $52.39. The business has a 50 day moving average price of $46.17 and a 200-day moving average price of $46.55.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.68. The company had revenue of $328.25 million for the quarter, compared to analyst estimates of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter last year, the company earned $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, research analysts anticipate that Omega Healthcare Investors will post 3.12 EPS for the current year.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust focused on the healthcare sector. The company invests in and owns healthcare facilities, with a primary emphasis on skilled nursing and assisted living properties.

Omega generally leases its properties to healthcare operators under long-term agreements, supporting services for seniors and individuals who require post-acute, rehabilitative, or long-term care. Its portfolio has also included other healthcare-related properties, such as continuing care retirement communities and specialty facilities.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega serves healthcare operators across the United States and the United Kingdom.