Press release from Business Wire
Omega Announces Increase in Common Stock Dividend
Tuesday, July 16, 2013
Omega Announces Increase in Common Stock Dividend18:07 EDT Tuesday, July 16, 2013
HUNT VALLEY, Md. (Business Wire) -- Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that the Company's Board of Directors declared a common stock dividend of $0.47 per share, increasing the quarterly common dividend by $0.01 per share over the previous quarter. The common stock dividend is payable August 15, 2013 to common stockholders of record as of the close of business on July 31, 2013.
At the date of this release, the Company had approximately 117 million outstanding common shares.
The Company is a real estate investment trust investing in and providing financing to the long-term care industry. At March 31, 2013, the Company owned or held mortgages on 477 skilled nursing facilities, assisted living facilities and other specialty hospitals with approximately 55,150 licensed beds (52,977 available beds) located in 33 states and operated by 46 third-party healthcare operating companies.
Omega Healthcare Investors, Inc.
Bob Stephenson, CFO