Omega Healthcare Investors (OHI) Raises Quarterly Dividend 1.6% to $0.62; 7.6% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. FISV
10. CVS

Go back to Omega Healthcare Investors (OHI) Raises Quarterly Dividend 1.6% to $0.62; 7.6% Yield

Omega Announces First Quarter 2017 Financial Results; Increased Dividend Rate for 19th Consecutive Quarter

May 3, 2017 4:35 PM EDT

HUNT VALLEY, Md.--(BUSINESS WIRE)-- Omega Healthcare Investors, Inc. (NYSE: OHI) (the Company or Omega) today announced its results of operations for the three-month period ended March 31, 2017. The Company reported for the three-month period ended March 31, 2017 net income of $109.1 million, or $0.53 per common share, Funds From Operations (FFO) of $181.0 million or $0.88 per common share, and Funds Available For Distribution (FAD) of $159.4 million.

FFO for the first quarter of 2017 includes $3.7 million of non-cash stock-based compensation expense and $2.4 million in provisions for uncollectible accounts. These costs were partially offset by a $10.4 million one-time contractual settlement. Adjusted FFO is... More