Omega Healthcare Investors has long been the gold standard of skilled nursing facility REITs.
With 19 consecutive quarters of dividend growth, the REIT remains a favorite of high-yield dividend growth investors.
The latest earnings show the wisdom of management's long-term growth strategy.
That being said, 2017 is likely to be a far slower growth year, as numerous headwinds challenge the company.
However, with shares trading at a 46% discount to fair value and one of the best risk-adjusted total return profiles on Wall Street, Omega Healthcare remains a screaming buy.