Omega Announces Common Stock Dividend and Declares Regular Quarterly Dividend on Preferred Stock

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 $0.30 per share and declared its regular quarterly dividend for the Company's Series D preferred stock.

Common Dividend

The Company's Board of Directors announced today a common stock dividend of $0.30 per share, to be paid August 17, 2009 to common stockholders of record on July 31, 2009. At the date of this release, the Company had approximately 82.9 million outstanding common shares.

Preferred Dividend

The Company's Board of Directors also declared its regular quarterly dividend for the Series D preferred stock, payable August 17, 2009 to preferred stockholders of record on July 31, 2009. Series D preferred stockholders of record on July 31, 2009 will be paid dividends in the approximate amount of $0.52344 per preferred share on August 17, 2009. The liquidation preference for the Company's Series D preferred stock is $25.00 per share. Regular quarterly preferred dividends represent dividends for the period May 1, 2009 through July 31, 2009.

The Company is a real estate investment trust investing in and providing financing to the long-term care industry. At March 31, 2009, the Company owned or held mortgages on 255 SNFs and assisted living facilities with approximately 29,193 licensed beds (27,425 available beds) located in 28 states and operated by 25 third-party healthcare operating companies.

    Source: Omega Healthcare Investors, Inc.

Released July 15, 2009