This week OHI announced a 1.6% increase in its quarterly dividend. It was the 19th consecutive dividend increase. The dividend is raised from $0.62 to $0.63. The dividend pay date is May 15, 2017 to shareholders of record on May 1, 2017 (ex dividend April 27, 2017).
The new dividend amount represents an annualized dividend amount of $2.52 per share, up from $2.48. The dividend yield on current price is 7.4%.
My Vrijheid Fonds consist of 144 shares of OHI, so my dividend for 2017 will increase by $3.67 (after taxes).
My projected annual (2017) total amount from my shares of OHI will be €289 ($307) after taxes.
The increase is small, but OHI gives me 4 increases per year. I love it!
DGI at work! I love it!