This Safe 6% Yield Has 68% Upside
Our healthcare landlord Omega Healthcare Investors (OHI) is officially back. This 6% dividend has upside once again. We are about to receive our first payout raise since early 2018, which ends our seven-quarter drought in which the big dividend was paid but not raised.
I say “drought” partially in jest because OHI yielded a fat 10% when it froze its payout. The stock slipped on the news, but we…