Recent Sell – OHI

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Here’s a quick update on a sale in my portfolio. Sales are always hard, especially when times are good and investors are riding the coattails of one of the best performing bull markets in modern times. When things are rosy, we tend to feel that the good times will continue forever. The world has been awash in liquidity for a decade investors have been awarded for taking more risk.

But there is change in the air. As the monetary policy tightens and the central bankers sponsored punch bowl is taken away, I have been looking very closely at some of the fundamentals of my company holdings. During this review, I decided to liquidate one of my stocks.

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Omega Healthcare Dividend Increase

Omega Healthcare Investors Inc (OHI) announced a 1.75% increase in its cash dividend. The quarterly cash dividend will increase from $0.57 to $0.58 per share and payable on May 16, 2016 to shareholders on record as of May 02, 2016.

This is the 15th consecutive dividend increase from Omega Healthcare, and the company has been known to raise dividends each quarter. The annual dividend rate goes up from $2.28 to $2.32. Yield going forward based on yesterday’s closing stock price is 6.63%.

Our portfolio consists of 106 shares of Omega Healthcare, which increases our annual dividends from $241.68 to $245.92, an increase of $4.24.

Omega Healthcare Dividend Increase

Omega Healthcare Investors Inc (OHI) announced that its quarterly dividend will be raised by 1.81% from $0.55 to $0.56 per share. This dividend increase is the company’s thirteenth consecutive quarterly increase. The dividend will be paid on Nov 16, 2015 to shareholders on record as of Nov 02, 2015; and ex-div date of Oct 29, 2015. The new dividend rate results in an annualized yield of 6.32%.

My portfolio consists of 103 shares of Omega Healthcare, which increases my annual OHI dividends from $226.60 to $230.72, an increase of $4.12.

Sector Overview – Healthcare REITs

Healthcare REITs provide a great investment opportunity that has caught the attention of investors over the last decade or two. The focus of these real estate companies is, as the name suggests, on healthcare. Companies in this sector hold interest in senior housing facilities, skilled nursing facilities, medical office buildings, hospitals etc. Some of these companies may hold interest in only one or two of the mentioned building types, while others may be more diversified. My Sector Overview – Utilities post generated a lot of interest from readers and I decided that a Sector Overview – Healthcare REITs would provide some good visibility for investors considering this sector.

Why Invest in Healthcare REITs

The case of investing in healthcare REITs is really strong when one simply looks at the demographics. The richest generation — the baby boomers — is now starting to retire. According to this 2010 research report from Pew Research, 10,000 baby boomers will turn 65 each day for 19 years! Baby boomers make 26% of the total US population, and considering that most of them will require long-term care as they get older (our elderly now live longer thanks to the advancement in health and medical care), the investing case is pretty sound.

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Omega Healthcare Dividend Increase

Omega Healthcare Investors Inc (OHI) announced that its quarterly dividend will be raised by 1.85% from $0.54 to $0.55 per share. This dividend increase is the company’s twelfth consecutive quarterly increase. The dividend will be paid on Aug 17, 2015 to shareholders on record as of Jul 31, 2015. The new dividend rate results in an annualized yield of 6.23%.

 

My portfolio consists of 102 shares of Omega Healthcare, which increases my annual OHI dividends from $220.32 to $224.40, an increase of $4.08.