Month: September 2014

As anticipated in the previous shopping list update, Omega Healthcare Investors, Inc was the purchase of the month this time around. On September 19th I bought 30 shares for 34,64 USD per share. Current quarterly dividend being 0.51USD per share, the projected impact on annual income is 61,20 USD before taxes.

Company profile from http://www.omegahealthcare.com/CorporateProfile.aspx?iid=103065:

Omega Healthcare Investors, Inc. (NYSE:OHI) is a Real Estate Investment Trust (“REIT”) providing financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities located in the United States.

At June 30, 2014, the Company owned or held mortgages on 563 skilled nursing facilities, assisted living facilities and other specialty hospitals with approximately 63,733 licensed beds (61,353 available beds) located in 37 states and operated by 49 third-party healthcare operating companies.

As a source of capital to the healthcare industry, Omega continually evaluates the opportunities, trends and challenges affecting the industry. Our goal is to identify long-term investments in quality healthcare properties with outstanding operators that provide the most favorable risk/reward ratio to our investors.

Stock information: http://www.omegahealthcare.com/stockinfo.aspx?iid=103065

 

While waiting for the stock market correction everyone is talking about, I’m considering the following stocks for my next purchases. Expected order is roughly as follows:

• Omega Healthcare Investors
• Allianz
• Nordea
• Telia-Sonera
• Aflac
• Deere

Bubbling under:

• Adidas
• Travelers Companies Inc.

OHI has been on my watch list for a while now so it is the most obvious pick. Aflac and Deere are existing positions but both are very likely to present attractive opportunities during the next 6-24 months. I’m not in hurry to add on those positions but instead will start on adding positions in european companies before the spring payouts. This is pretty much the preliminary shopping list for the next six months. Execution depends on the moods of Mr. Market.