Summary
Omega Healthcare Investors is an attractive high-yield income vehicle.
The healthcare REIT reported solid results for its third quarter yesterday.
OHI continues to cover its dividend payout with FFO and AFFO, has a considerable margin of dividend safety. The dividend could grow again in 2019.
Shares are still attractively valued.
An investment in OHI yields 7.6 percent.
Omega Healthcare Investors, Inc. (OHI) remains a compelling income vehicle for dividend investors seeking high, recurring dividend income. Once again, the healthcare REIT outearned its dividend payout considerably with adjusted funds from operations in the last quarter. Omega Healthcare Investors also reaffirmed its 2018 AFFO-guidance which is improving investor confidence in the REIT. Shares still have upside potential at today's valuation point, and an attractive risk/reward-combination for long-term dividend investors. I think chances are that Omega Healthcare Investors will once again start to grow its dividend payout in 2019. An investment in OHI yields 7.6 percent.
Omega Healthcare Investors - Portfolio Snapshot
Omega Healthcare Investors is a SNF-focused healthcare REIT. The company largely invests in skilled nursing and transitional care properties which make up the lion share of the REIT's real estate portfolio. Senior Housing properties also have a representation in Omega Healthcare Investors' property portfolio.
