A dividend increase by Omega Healthcare Investors (OHI) for my Vrijheid Fonds.
Yesterday OHI announced a 1.5% increase in its quarterly dividend. Omega Healthcare Investors raised its dividend for the first time since January 2018. The dividend is raised from $0.66 to $0.67. The dividend pay date is November 15, 2019 to shareholders of record on October 31, 2019 (ex-dividend October 30, 2019).
The new dividend amount represents an annualized dividend amount of $2.68 per share, up from $2.64. The dividend yield on current price is 6.23%.
My Vrijheid Fonds consist of 144 shares of OHI, so my annual dividends will increase by € 4.45 ($4.90) after taxes.
My projected annual (2019) total amount from my shares of OHI will be €311 after taxes. This also includes a small tax return I have received through my broker.
I hope that with this new dividend increase OHI will restart their dividend increase streak again. This is DGI at work! I love it!