If you remember my post yesterday, I put a limit order of OHI shares at $35.39 good for 60 days. To my surprise, that order was executed at $35.3. When I put that order, the share price of OHI was $36.04. For the past 24 hours OHI share has downed about 3%. I don’t know whether I was lucky or it is a bad sign for further slide of OHI share price. Initiating 100 shares of OHI will increase $216 of my expected annual gross dividend income . With purchase price $35.3 plus commission ($9.99) my starting yield on cost is 6.1%
Omega Healthcare Investors, Inc. is a real estate investment firm. The firm invests in the real estate markets of United States. It invests in healthcare facilities, primarily in SNF (skilled nursing facilities) . OHI is a Dividend Contender with an 13 year streak of dividend increases.