Omega Announces Second Quarter Dividend and Annual Meeting Dates
HUNT VALLEY, Md.--(BUSINESS WIRE)-- Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that its 2018 Annual Meeting of Stockholders will be held on Friday, June 8, 2018, at 10:00 a.m. local time, at the Company’s corporate office located at 303 International Circle, Suite 200, Hunt Valley, Maryland 21030. Stockholders of record as of the close of business on April 23, 2018 will be entitled to receive notice of and to participate at the 2018 Annual Meeting of Stockholders.
Second Quarter Dividend Declared
The Company also announced today that the Company’s Board of Directors declared a common stock dividend of $0.66 per share. The common stock dividend is payable Tuesday, May 15, 2018 to common stockholders of record as of the close of business on Monday, April 30, 2018.
“As I discussed in our 4th quarter earnings call, we are focusing on strategic repositioning activities and therefore do not expect to increase the quarterly dividend for the remainder of 2018.” Mr. Pickett continued, “We are confident in the sustainability of our current quarterly dividend and remain committed to returning capital to our shareholders and growing our dividend in future years.”
Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.
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Omega Healthcare Investors, Inc.
Matthew Gourmand, SVP, 410-427-1700
Source: Omega Healthcare Investors, Inc.
Released April 13, 2018