First dividend increase of the year! Omega Healthcare Investors Inc (OHI) announced that its quarterly dividend will be raised by 1.92% from $0.52 to $0.53 per share. This dividend increase is the company’s tenth consecutive quarterly increase. The new dividend is scheduled to be paid on Feb 16, 2015 to shareholders on record as of Feb 2, 2012 (ex-div Jan 29). The new dividend rate results in an annualized yield of 4.88% based on today’s closing price.
My portfolio consists of 101 shares of Omega Healthcare, which increases my annual OHI dividends from $210.08 to $214.12, an increase of $4.04.