Omega Healthcare Investors is set to raise its dividend this week.
The forward yield is expected to be around 8.2% at $0.65 per share. Is it a good idea to buy now or wait until the declaration date has passed?
Historic analysis explores how Omega's stock reacted to previous dividend hikes. Are we observing investors buying the stock before declaration date or afterwards?
Heavily followed Omega Healthcare Investors (OHI) has been trading in a wild up-and-down corridor for several months now between $30.50 and $34.50.
Source: Omega Healthcare Investors, all courtesy remains
The company has raised its quarterly dividend 20 consecutive times and is expected to make this 21 during this week. The yield remains close to its 5-year high in the 8% area.