No. of Recommendations: 1
I only own one REIT, OHI Omega Healthcare, it is my best long term investment.
Long term care facilities
7.2% yield on ttm dividend. Now $15, down from $18 in Feb.
15 year bigcharts chart: http://tinyurl.com/3ys9py
http://stockcharts.com/charts/gallery.html?ohi
As you can see from their dividends the likely yield is higher than 7.2%
>Dividend History
29/10/2003 0.15
29/01/2004 0.17
28/04/2004 0.18
28/07/2004 0.18
27/10/2004 0.19
27/01/2005 0.20
28/04/2005 0.21
27/07/2005 0.22
27/10/2005 0.22
27/01/2006 0.23
18/04/2006 0.24
4/08/2006 0.24
Q3 2006 0.25
Q4 2006 0.26
Q1 2007 0.27
Q2 2007 0.27
Q3 2008 0.28
I should pop-over to the REIT board, but quickly does anyone have any favourites out of all those listed?
With those most of those shares prices being down 30-50% I am surprised their yields aren’t a tad higher.
Dean
