Omega Announces Increase in Common Stock Dividend
HUNT VALLEY, Md.--(BUSINESS WIRE)-- Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that the Companys Board of Directors declared a common stock dividend of $0.42 per share, increasing the quarterly common dividend by $0.01 per share over the previous quarter. The common stock dividend is payable May 15, 2012 to common stockholders of record as of the close of business on April 30, 2012.
At the date of this release, the Company had approximately 104.8 million outstanding common shares.
The Company is a real estate investment trust investing in and providing financing to the long-term care industry. At December 31, 2011, the Company owned or held mortgages on 432 skilled nursing facilities, assisted living facilities and other specialty hospitals with approximately 50,160 licensed beds (48,030 available beds) located in 35 states and operated by 51 third-party healthcare operating companies. In addition, the Company has seven facilities currently held for sale.
Omega Healthcare Investors, Inc.
Bob Stephenson, CFO, 410-427-1700
Source: Omega Healthcare Investors, Inc.Copyright Business Wire 2012