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CareTrust REIT Announces Quarterly Dividend of $0.275 per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
CareTrust REIT (NYSE:CTRE) has declared a quarterly cash dividend of $0.275 per share for common stockholders. This dividend is payable on or about October 14, 2022 to stockholders of record by the close of business on September 30, 2022. As a publicly traded real estate investment trust, CareTrust REIT focuses on the ownership and leasing of healthcare-related properties, enhancing its portfolio across the United States.
Positive
Quarterly cash dividend of $0.275 per share announced.
Dividend reflects company confidence in financial stability.
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 September 30, 2022. The Company intends to pay the dividend on or about October 14, 2022.
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.