Omega Healthcare Investors: Turnaround Appears On Track But High Risks Remain
Despite years of deteriorating conditions in the skilled nursing facility (SNF) industry, Omega Healthcare Investors (OHI), the nation's largest SNF REIT, was able to increase its dividend for 20 consecutive quarters. However, due to rising tenant distress, for 2018 management announced a major turnaround effort and froze the firm's quarterly dividend at its current 66 [...]