Omega Healthcare Investors: Dividend Safety Has Become A Concern (Rating Downgrade)

Khosrork/iStock via Getty Images OHI stock downgraded to SELL Readers following my writings know that I have been a bull for Omega Healthcare Investors (NYSE:OHI) since 2021 after the COVID-19 interruption. Besides the rebound potential I expect after the pandemic, its dividend was another draw. At the time of my earlier bullish writings, the stock has been yielding around 9% (see the chart below). More recently, in Oct 2023, I wrote an update to downgrade the stock from BUY to HOLD (see the second char ...