Recent Purchase January 2018 II
Fresh of a new month, new year and the desire to continue to built dividend income it is only fitting to start buy early and often to built a portofolio which will fuel and grow my little dividend each month.
So here is what I purchase to add on to my growing portofolio each month.
1/23/2018
OHI 3.5149 shares @ $27.33 + 3.95 total of $100
This is a new position. They have been struggling lately and so is the whole REIT stocks as a whole. I believe this to be a good time to add REIT to one’s portofolio to built on while it is down.
The following is an insert from Sabrient review on OHI:
Omega Healthcare Investors, Inc. is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.
Earnings and Revenue Update: For the quarter ended September 30, 2017, Omega Healthcare Investors Inc reported earnings of $-131.7 million or $0.03 per share compared with $65.3 million or $0.37 per share for the prior quarter and $78.5 million or $0.46 per share for the same quarter one year ago. Revenues were $219.6 million for the quarter ended September 30, 2017 compared with $235.8 million for the prior quarter and $224.6 million for the same quarter one year ago. Last twelve months' earnings were $1.36 per share compared with $1.78 per share a year ago. Last twelve months' revenues were $921.7 million compared with $876.9 million a year ago.
Sabrient has a sell recommendation on OHI. Despite this I think is a good buy while this stock has been beaten down of late.
What do you think of recent buy? What are you buying?
Thanks for visiting
Dividend Pursuit
Disclaimer: Long on all stocks listed.
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