|Bid||35.00 x 800|
|Ask||36.21 x 800|
|Day's Range||35.40 - 36.21|
|52 Week Range||13.33 - 45.22|
|Beta (5Y Monthly)||0.87|
|PE Ratio (TTM)||51.66|
|Forward Dividend & Yield||2.68 (7.48%)|
|Ex-Dividend Date||Oct 30, 2020|
|1y Target Est||N/A|
C. Pickett has been the CEO of Omega Healthcare Investors, Inc. (NYSE:OHI) since 2001, and this article will examine...
OHI earnings call for the period ending September 30, 2020.
On October 22, 2020, Omega Healthcare (NYSE: OHI) declared a dividend payable on November 16, 2020 to its shareholders. Omega Healthcare also announced that shareholders on the company's books on or before November 2, 2020 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Omega Healthcare will be on October 30, 2020. The company's current dividend payout is at $0.67. That equates to a dividend yield of 8.93% at current price levels.The Significance Of An Ex-Dividend Date An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.Omega Healthcare's Dividend Performance Over the past year, Omega Healthcare has seen its dividend payouts remain the same and its yields climb upward overall. Last year on October 30, 2019 the company's payout sat at $0.67, which has returned to its value today. Omega Healthcare's dividend yield last year was 6.32%, which has since grown by 2.61%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.To read more news on Omega Healthcare click here.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For October 29, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.