CareTrust REIT Announces Quarterly Dividend of $0.275 per Share

Rhea-AI Summary

CareTrust REIT has declared a quarterly cash dividend of $0.275 per common share, with a record date of December 30, 2022. The dividend is set to be paid on or about January 13, 2023. This distribution reflects the company's commitment to return value to its shareholders. CareTrust REIT focuses on real estate investments in the healthcare sector, including skilled nursing and senior housing, with an aim for organic and external growth across the United States.

Positive

• Quarterly cash dividend of $0.275 per share announced.
• Dividend payment reflects commitment to shareholder value.

Negative

• None.

SAN CLEMENTE, Calif.--(BUSINESS WIRE)-- CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.275 per common share. The current quarterly dividend is payable to common stockholders of record as of the close of business on December 30, 2022. The Company intends to pay the dividend on or about January 13, 2023.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221216005049/en/

CareTrust REIT, Inc.

(949) 542-3130

ir@caretrustreit.com

Source: CareTrust REIT, Inc.

FAQ

What is the dividend amount for CTRE in Q4 2022?

The dividend amount declared is $0.275 per common share.

When will CTRE's dividend be paid to shareholders?

The dividend will be paid on or about January 13, 2023.

What is the record date for CTRE's dividend?

The record date for the dividend is December 30, 2022.

What type of properties does CareTrust REIT invest in?

CareTrust REIT invests in skilled nursing, senior housing, and other healthcare-related properties.

Is CareTrust REIT planning for growth?

Yes, CareTrust REIT is pursuing both external and organic growth opportunities.