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//August

Vaccine Mandate for Nursing Home Staff Threatens to Exacerbate Pressure on Omega’s Tenants

The Biden administration last week announced plans to require staff vaccinations within America's Medicare and Medicaid-participating nursing homes, which include the vast majority of Omega's tenants. Most nursing facilities have been trying to incentivize their workers to get vaccinated from the beginning, but only 61% of the nation's staff was vaccinated as of August 15. Already struggling with disruptive [...]

August 26th, 2021|Uncategorized|

Walmart’s E-Commerce Traction Strengthens Long-term Outlook

In recognition of Walmart's improved payout ratio, lower leverage, and e-commerce traction, we are upgrading the discount retailer's Dividend Safety Score from Safe to VerySafe. For years, Walmart's earnings stagnated as labor costs rose faster than sales and more of its product categories lost ground to e-commerce rivals such as Amazon. This trend never endangered Walmart's dividend, but [...]

August 25th, 2021|Uncategorized|

Parker Hannifin’s Dividend Remains Secure Following Large Acquisition

Parker Hannifin on Monday announced plans to acquire British aerospace components maker Meggitt in a cash and debt transaction valued at more than $9 billion. This deal will boost Parker Hannifin's revenue by over 15% and nearly double the size of its aerospace division, which will account for roughly a third of the business going forward. While [...]

August 3rd, 2021|Uncategorized|