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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (25904)	11/6/2016 3:41:43 PM
From: JimisJim	Read Replies (1) \| Respond to of 34328

I really urge you to at least read this one page from OHI website: omegahealthcare.com. once on that page, click to expand the "Portfolio Strength" section... there you will find a lot of nuggets: "our largest operator accounting for only 10% of total rent / interest." "Property-level expenses – labor, insurance, property taxes, and capital expenditures – are the operator’s responsibility,meaning OHI has no operating risk." "Omega receives fixed rent payments from tenants, with annual escalators." "No upcoming material lease expirations until 2020 and no material lease renewal risk." Simply put: operators worry about reimbursement and OHI simply collects the rent -- this is no different from O or NNN. And Morningstar has this: "Omega Healthcare Investors Inc., the largest REIT focused solely on skilled nursing properties, saw its net income nearly double in the first half this year compared with the same period last year, mainly from acquisitions and other investments. Its share price is down around 7% over the past year. "Most of our tenants are experiencing modest earning pressure as a result of CMS's [Centers for Medicare & Medicaid Services'] continued push towards episodic payment systems," but lease payments aren't affected, said Omega spokesman Thomas H. Peterson. The Centers for Medicare & Medicaid Services' has been moving away from a fee-for-service payment model for years now, but the vast majority of Omega's tenants have cash flow that exceeds their rent obligations, he said." I can find no news wrt OHI spinning anything off... Ventas is the only outfit that pops up in my searches in that respect... but there is nothing on OHI's website, or indeed anything I Google on, that suggests OHI is spinning anything off... their business is really quite simple and straight forward... instead of speculating on this or that, spend 15 mins. on their website and I think you'll see what I mean.

To: E_K_S who wrote (25904)	11/7/2016 1:20:35 PM
From: robert b furman	Read Replies (1) \| Respond to of 34328

Hy EKS, VTR spun off their SNF last year. The new spin off ( CCP) proceeded to decline 30.5 percent (bottomed with a yield of 6.57%). VTR declined 21.6% (bottomed with a yield of 6.22%). I've sold my HCP (very happy I did). I'm hopeful of the new pricing and reduced dividend on HCP to be announced soon. I will watch price and the newly declared dividend and try to reeneter in the 6.25 - 6.5 % yield range. I have recently sold puts when OHI hit the 29's. On OHI's last dip in Feb 2016 its low was $26.96. Put premiums surged diring those few last days when OHI Rsi dipped to the low 24's = great buy zone. I do prefer the OHI business model to that of having to deal with the government and its contiuously cheapening pay rates for senior care. HCP had some very high end facilities -I'm of the impression that OHI has added some more frugal properties and may have leaner operators of the SNF sector. (just my opinion but their margins are better and they seem to have fewer leasor credit / payment problems. I like their growing dividend vs HCP return of capital last year. OHI is my SNF favorite. They also have not had a loss of CEO or CFO as HCP has had! Bob