Omega Announces Increase in Common Stock Dividend and Release Date of Second 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 $0.51 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 June 30, 2014, on Wednesday, July 23, 2014, after market close.
Eighth Consecutive Quarterly Dividend Increase
Omega’s Board of Directors announced today the Company’s eighth consecutive quarterly common stock dividend increase, raising the dividend from $0.50 per share to $0.51 per share. The common stock dividend is payable Friday, August 15, 2014 to common stockholders of record as of the close of business on July 31, 2014.
At the date of this release, the Company had approximately 126.8 million outstanding common shares.
Second Quarter Earnings Release and Conference Call
It was also announced today that the Company is scheduled to release its earnings results for the quarter ended June 30, 2014, on Wednesday, July 23, 2014, after market close. In conjunction with its release, the Company will be conducting a conference call on Thursday, July 24, 2014 at 10 a.m. Eastern Time to review its 2014 second quarter results and current developments.
To listen to the conference call via webcast, log on to www.omegahealthcare.com and click the “2Q 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 (877) 511-2891. The Canadian toll-free dial-in number is (855) 669-9657. All other international participants can use the dial-in number (412) 902-4140. Ask the operator to be connected to the “Omega Healthcare Second Quarter 2014 Earnings Call”.
The Company is a real estate investment trust investing in and providing financing to the long-term care industry. At June 30, 2014, the Company owned or held mortgages on 563 skilled nursing facilities, assisted living facilities and other specialty hospitals, located in 37 states and operated by 49 third-party healthcare operating companies.
Omega Healthcare Investors, Inc.
Bob Stephenson, CFO
410-427-1700
Source: Omega Healthcare Investors, Inc.
Released July 15, 2014