Stock of the Week: Omega Healthcare Investors
May 22, 2013
May 22, 2013. Stock of the Week. In late March, Omega Healthcare Investors was our stock of the week, driven by its relatively high dividend yield and 12-month price increase of 50%.The stock keeps hitting new highs, and since May 1 it is up more than 16%. Come on, investors don’t like skilled nursing stocks but love a REIT that owns practically nothing but skilled nursing facilities? That is certainly a case of beating the odds. The only negative aspect of the share price increase is that the yield has dropped from about 6% two months ago to 5% today. As long as they keep on increasing the payout, which they have, investors will continue buying the stock, which they are.