Omega Healthcare Investors, Inc. (OHI) To Go Ex-Dividend on August 3rd

Omega Healthcare Investors, Inc. (NYSE:OHI) announced a quarterly dividend on Thursday, July 23rd. Shareholders of record on Monday, August 3rd will be given a dividend of 0.68 per share by the real estate investment trust on Friday, August 14th. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Monday, August 3rd. This is a 1.5% increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67.

Omega Healthcare Investors has a payout ratio of 148.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Omega Healthcare Investors to earn $3.17 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 84.5%.

Omega Healthcare Investors Stock Up 1.5%

Omega Healthcare Investors stock opened at $51.75 on Friday. Omega Healthcare Investors has a fifty-two week low of $38.22 and a fifty-two week high of $51.92. The firm has a market capitalization of $15.41 billion, a price-to-earnings ratio of 25.00, a price-to-earnings-growth ratio of 2.18 and a beta of 0.58. The stock’s fifty day moving average is $47.49 and its two-hundred day moving average is $46.43. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.02). Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The firm had revenue of $322.95 million for the quarter, compared to analyst estimates of $264.07 million. During the same period last year, the firm earned $0.75 EPS. The company’s quarterly revenue was up 16.7% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Analysts predict that Omega Healthcare Investors will post 3.09 EPS for the current fiscal year.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.