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 Call
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.
