Omega Announces Increase in Common Stock Dividend; Annual Meeting Date Announced

HUNT VALLEY, Md.--(BUSINESS WIRE)-- Omega Healthcare Investors, Inc. (NYSE:OHI) today announced the Company's Board of Directors declared a common stock dividend of $0.38 per share, increasing the quarterly common dividend by $0.01 per share over the prior quarter. The Company's Board of Directors also announced the date of the Company's Annual Meeting of Stockholders.

Common Dividend

The Company's Board of Directors announced today a common stock dividend of $0.38 per share, to be paid May 16, 2011 to common stockholders of record on April 29, 2011. At the date of this release, the Company had approximately 101.4 million outstanding common shares.

Annual Meeting

The Company's Board of Directors also announced the date of the Company's 2011 Annual Meeting of Stockholders to be held on Thursday, June 2, 2011, at 10:00 a.m. local time, at the Company's corporate office located at 200 International Circle, Suite 3500, Hunt Valley, Maryland 21030. Stockholders of record as of the close of business on April 15, 2011 will be entitled to receive notice of and to participate at the 2011 Annual Meeting of Stockholders.

The Company is a real estate investment trust investing in and providing financing to the long-term care industry. At December 31, 2010, the Company owned or held mortgages on 399 skilled nursing facilities, assisted living facilities and other specialty hospitals with approximately 46,296 licensed beds (44,502 available beds) located in 35 states and operated by 50 third-party healthcare operating companies. In addition, the Company has one closed facility currently held for sale.

    Source: Omega Healthcare Investors, Inc.

Released April 14, 2011