Omega Announces Increase in Common Stock Dividend and Release Date of Its Third Quarter Earnings and Conference Call
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 $0.44 per share. Also, the Company announced the release date of its earnings and conference call for the quarter ended September 30, 2012.
Common Stock Dividend Increases 4.8%
The Company announced today that the Companys Board of Directors declared a common stock dividend of $0.44 per share, increasing the quarterly common dividend by $0.02 per share, or 4.8%, over the previous quarter. The common stock dividend is payable November 15, 2012 to common stockholders of record as of the close of business on October 31, 2012.
At the date of this release, the Company had approximately 112 million outstanding common shares.
Earnings Release Date and Conference Call Announced
The Company also announced today that it is scheduled to release its earnings results for the quarter ended September 30, 2012, on Friday, October 26, 2012. In conjunction with its release, the Company will be conducting a conference call on Friday, October 26, 2012 at 10 a.m. ET to review its 2012 third quarter results and current developments.
To listen to the conference call via webcast, log on to www.omegahealthcare.com and click the 3Q 2012 Earnings Call hyperlink under the Upcoming Events section on the Companys homepage. Webcast replays of the call will be available on the Companys website for approximately two weeks following the call. Additionally, a copy of the earnings release will be available in the Featured Documents and Press Releases sections of the Companys website. Analysts and investors within the United States interested in participating are invited to call (877) 317-6789. The Canadian toll-free dial-in number is (866) 605-3852. All other international participants can use the dial-in number (412) 317-6789. Ask the operator to be connected to the Omega Healthcare Third Quarter 2012 Earnings Call.
Omega Healthcare Investors, Inc. is a real estate investment trust investing in and providing financing to the long-term care industry. As of June 30, 2012, Omega owned or held mortgages on 433 skilled nursing facilities, assisted living facilities and other specialty hospitals with approximately 50,385 licensed beds (48,330 available beds) located in 33 states and operated by 47 third-party healthcare operating companies.
Omega Healthcare Investors, Inc.
Bob Stephenson, CFO at (410) 427-1700
Source: Omega Healthcare Investors, Inc.Copyright Business Wire 2012