Omega Announces $.02 Increase in Common Stock Dividend

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 $0.40 per share, increasing the quarterly common dividend by $0.02 per share over the prior quarter. The common stock dividend is payable August 15, 2011 to common stockholders of record as of the close of business on August 1, 2011.

At the date of this release, the Company had approximately 103 million outstanding common shares.

Omega Healthcare Investors, Inc. is a real estate investment trust investing in and providing financing to the long-term care industry. At March 31, 2011, Omega owned or held mortgages on 398 skilled nursing facilities, assisted living facilities and other specialty hospitals with approximately 46,172 licensed beds (44,425 available beds) located in 35 states and operated by 50 third-party healthcare operating companies. In addition, Omega has two facilities currently held for sale.

    Source: Omega Healthcare Investors, Inc.

Released July 14, 2011