This week OHI announced a 3.4% increase in its quarterly dividend. It was the 16th consecutive dividend increase. The dividend is raised from $0.58 to $0.60. The dividend pay date is August 15, 2016 to shareholders of record on August 1, 2016 (ex dividend July 28, 2016).
The new dividend amount represents an annualized dividend amount of $2.40 per share, up from $2.32. The dividend yield on current price is 7.09%.
My Vrijheid Fonds consist of 144 shares of OHI, so my annual dividends will increase by $9.79 (after taxes).
My projected annual total amount for 2016 from my shares of OHI will be $188.52 after taxes.
DGI at work! I love it!