CareTrust REIT Announces Quarterly Dividend of $0.265 per Share

Rhea-AI Summary

CareTrust REIT, Inc. (NASDAQ:CTRE) has declared a quarterly cash dividend of $0.265 per common share, payable on or about January 15, 2022, to stockholders of record as of December 31, 2021. The company is a publicly-traded real estate investment trust focused on the ownership and leasing of skilled nursing and healthcare-related properties across the U.S. CareTrust aims to pursue growth through both external acquisitions and organic development.

Positive

• Quarterly cash dividend of $0.265 per share boosts income for shareholders.
• Company pursuing both external and organic growth opportunities.

Negative

• None.

SAN CLEMENTE, Calif., Dec. 15, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.265 per common share. The Company expects to pay the dividend on or about January 15, 2022, to common stockholders of record as of the close of business on December 31, 2021.

About CareTrust REIT™

CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States. More information about CareTrust REIT is available at www.caretrustreit.com.

Contact:
CareTrust REIT, Inc.
(949) 542-3130
ir@caretrustreit.com

FAQ

What is the dividend amount declared by CareTrust REIT (CTRE)?

CareTrust REIT has declared a quarterly cash dividend of $0.265 per common share.

When will CareTrust REIT (CTRE) pay its dividend?

The dividend is expected to be paid on or about January 15, 2022.

Who is eligible for CareTrust REIT's dividend payment?

Stockholders of record as of the close of business on December 31, 2021, are eligible.

What type of properties does CareTrust REIT (CTRE) focus on?

CareTrust REIT focuses on skilled nursing, seniors housing, and other healthcare-related properties.