Jim Cramer - Mad Money
Omega Heathcare
OHI-N
COMMENT
Oct 29, 2021
Hard to understand, because it's diverging so much from Ventas. Also, it's high dividend is usually a red flag. He needs to see what's happening with this.
Nursing homes. This has done quite well. There has been a little lumpiness over time but they have turned around since 2001. Dividends have been growing at about a 10% clip. Recent quarter was decent. Good stock. 6.1% yield.
This has really lagged its competitors. Dividend is about 7.6%, which he doesn’t feel is in danger. The problem is it has greatly underperformed. If interest rates go up, it is going to have added pressure to it.