|[April 18, 2014]
Omega Announces Increase in Common Stock Dividend and Release Date of First Quarter Earnings and Conference Call
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 $0.50
per share, increasing the quarterly common dividend by $0.01 per share
over the previous quarter, and that the Company is scheduled to release
its earnings results for the quarter ended March 31, 2014, on Tuesday,
April 29, 2014, after market close.
Seventh Consecutive Quarterly Dividend Increase
Omega's Board of Directors announced today the Company's seventh
consecutive quarterly common stock dividend increase, raising the
dividend from $0.49 per share to $0.50 per share. The common stock
dividend is payable Thursday, May 15, 2014 to common stockholders of
record as of the close of business on April 30, 2014.
At the date of this release, the Company had approximately 125.4 million
outstanding common shares.
First Quarter Earnings Release and Conference
It was also announced today that the Company is scheduled to release its
earnings results for the quarter ended March 31, 2014, on Tuesday, April
29, 2014, after market close. In conjunction with its release, the
Company will be conducting a conference call on Wednesday, April 30,
2014 at 10 a.m. Eastern Time to review its 2014 first quarter results
and current developments.
To listen to the conference call via webcast, log on to www.omegahealthcare.com
and click the "1Q 2014 Earnings Call" hyperlink under the "Upcoming
Events" section on the Company's homepage. Webcast replays of the call
will be available on the Company's 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 Company's website.
Analysts and investors within the United States interested in
participating are invited to call (888) 317-6016. The Canadian toll-free
dial-in number is (855) 669-9657. All other international participants
can use the dial-in number (412) 317-6016. Ask the operator to be
connected to the "Omega Healthcare First Quarter 2014 Earnings Call".
The Company is a real estate investment trust investing in and providing
financing to the long-term care industry. At December 31, 2013, the
Company owned or held mortgages on 538 skilled nursing facilities,
assisted living facilities and other specialty hospitals with
approximately 61,178 licensed beds (58,885 available beds) located in 37
states and operated by 49 third-party healthcare operating companies.
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