Wednesday, February 15, 2017

Omega Healthcare Investors, Inc. (OHI) Purchased on 7/18/2016

Before the summer of 2016, I had never invested in a REIT.  When I made my first investment in a REIT in this "nonPension" portfolio, I decided to go with a healthcare REIT:  Omega Healthcare Investors, Inc. (OHI).


Since my purchase, the value of the investment has declined somewhat, but the dividend payment has been raised twice.  OHI currently has a habit of raising the dividend by a small amount every quarter.


In the event that OHI continues raising its dividend in a similar pattern going forward, and in the event that the price relative to earnings stays in the same range, this investment will do much more than its fair share of contributing toward my $560 per month income goal starting in late 2035.

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