Omega Healthcare Investors: 8.4% Yield And Selling Below Fair Price

Omega Healthcare Investors Inc. (NYSE:OHI) is a leading skilled nursing REIT in the United States and managed to cover its dividend with adjusted funds from operations in the first quarter and the margin of safety improved QoQ. With that said, however, a pay-out ratio of 97% overall implies a narrow margin of safety. Since the trust's adjusted funds from operations performance improved in 1Q24, I think that the real estate investment trust will continue to pay the $0.67 per share per quarter dividend. In 1Q ...