Omega Healthcare Investors Inc (OHI) announced that its quarterly dividend will be raised by 1.96% from $0.51 to $0.52 per share. This dividend increase is the company’s ninth consecutive quarterly increase. The new dividend is scheduled to be paid on Nov 17, 2014 to shareholders on record as of Oct 31, 2014. The new dividend rate results in an annualized yield of 5.56% based on today’s closing price.
My portfolio consists of 100 shares of Omega Healthcare, which increases my annual OHI dividends from $204 to $208.