Mar 6, 2015

Stock Purchase - OHI (25 shares, $53 dividend income)

I bought 25 shares (NYSE:OHI) amid the market REIT selloff due to fears of interest rate hikes by US federal reserve. Everyone is afraid higher interest rates will make REITs less profitable. I think this fear is overblown.

Omega Healthcare Investors, Inc. owns and operates hundreds of nursing facilities and hospitals in more than 30 states in the US. With US demographics of retiring people increasing, this company is a necessary and thriving business.

Basic info:
Market CAP: 5B  Dividend %: 5.5


This will add $53 to my dividend income which is quite a good return and sustainable I hope :)
Check out the rest of my dividend and growth stock portfolio watchlist

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