CareTrust REIT Announces Quarterly Dividend of $0.265 per Share

Rhea-AI Summary

CareTrust REIT (NASDAQ:CTRE) announced a quarterly cash dividend of $0.265 per common share, payable on or about July 15, 2021. This dividend is for shareholders of record by the close of business on June 30, 2021. CareTrust REIT is engaged in the ownership, acquisition, and leasing of skilled nursing and healthcare-related properties across the U.S. The company is focused on both external and organic growth opportunities in the healthcare real estate sector.

Positive

• Quarterly dividend of $0.265 per share reinforces shareholder income.
• Company's focus on external and organic growth opportunities.

Negative

• None.

SAN CLEMENTE, Calif., June 16, 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 current quarterly dividend is payable to common stockholders of record as of the close of business on June 30, 2021. The Company intends to pay the dividend on or about July 15, 2021.

About CareTrust REIT^TM

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 announced by CareTrust REIT (CTRE)?

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

When is the dividend payment date for CTRE stockholders?

The dividend is scheduled to be paid on or about July 15, 2021.

Who qualifies for the dividend from CareTrust REIT?

Shareholders of record as of the close of business on June 30, 2021, qualify for the dividend.

How often does CareTrust REIT pay dividends?

CareTrust REIT typically pays dividends on a quarterly basis.

Is the dividend from CTRE sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance and cash flow.