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OMEGA Healthcare INVESTORS , INC . 303 International Circle Suite 200 Hunt Valley , MD 21030 P : 410.427.1700 F : 410.427.8800 PRESS RELEASE - FOR IMMEDIATE RELEASE OMEGA REPORTS SECOND QUARTER 2021 RESULTS AND RECENT DEVELOPMENTS Balance Sheet Strengthened Closed a New $ 1.45 Billion Unsecured Credit Facility Implemented a New $ 1.0 Billion ATM Program HUNT VALLEY , MARYLAND August 2 , 2021 Omega Healthcare Investors , Inc. ( NYSE : OHI ) ( the " Company " or " Omega " ) announced today its results for the quarter ended June 30 , 2021. The Company reported net income for the quarter of $ 86.9 million or $ 0.36 per common share . The Company also reported Nareit Funds From Operations ( " Nareit FFO " ) for the quarter of $ 180.8 million or $ 0.74 per common share , Adjusted Funds From Operations ( " AFFO " or " Adjusted FFO " ) of $ 206.8 million or $ 0.85 per common share , and Funds Available for Distribution ( " FAD " ) of $ 197.0 million . Nareit FFO , AFFO and FAD are supplemental non - GAAP financial measures that the Company believes are useful in evaluating the performance of real estate investment trusts . For more information regarding these non - GAAP measures , see the " Funds From Operations " on the Company's website at www.omegahealthcare.com . CEO COMMENTS ● Taylor Pickett , Omega's Chief Executive Officer , stated , " The second quarter was a positive one for the Company , with strong second quarter Adjusted FFO and FAD , as well as , continued solid rent collections . In addition , we were able to further strengthen our balance sheet with a new and expanded credit facility and robust equity issuance in the quarter . " Mr. Pickett continued , " Facility occupancy improved in the quarter but still sits meaningfully below pre - pandemic levels , and as a result , many operators continue to rely on federal and state government support . With the industry focused on protecting their frail and vulnerable residents , we are hopeful that this support will continue . " Mr. Pickett concluded , " We would once again like to highlight the exemplary efforts of our operators and their heroic employees , who risk their own health and that of their families to bravely protect and care for their residents , and we thank them wholeheartedly for all their hard work . " 2021 RECENT DEVELOPMENTS AND SECOND QUARTER HIGHLIGHTS In Q3 2021 , the Company ... collected approximately 98 % of contractual rent and mortgage payments for the month of July . completed $ 75 million of new investments . declared a $ 0.67 per share quarterly cash dividend on common stock .