CareTrust REIT Announces Quarterly Dividend of $0.275 per Share

Rhea-AI Summary

CareTrust REIT, Inc. (NYSE:CTRE) has declared a quarterly cash dividend of $0.275 per common share, payable to stockholders of record on June 30, 2022. The dividend payment is scheduled on or about July 15, 2022. As a self-administered, publicly-traded real estate investment trust, CareTrust REIT focuses on real estate in the healthcare sector, including skilled nursing and seniors housing properties across the United States. This reflects the company’s commitment to returning value to shareholders while pursuing both organic and external growth opportunities.

Positive

• Quarterly cash dividend of $0.275 per share reflects commitment to shareholder value.
• Dividend payment reinforces the company's financial stability and growth strategy.

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 June 30, 2022. The Company intends to pay the dividend on or about July 15, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220617005079/en/

CareTrust REIT, Inc.

(949) 542-3130

ir@caretrustreit.com

Source: CareTrust REIT, Inc.

FAQ

What is the dividend amount declared by CareTrust REIT for June 2022?

CareTrust REIT declared a quarterly cash dividend of $0.275 per common share.

When is the dividend payment date for CareTrust REIT?

The dividend payment date is scheduled for on or about July 15, 2022.

Who is eligible to receive the CareTrust REIT dividend?

Stockholders of record as of the close of business on June 30, 2022, are eligible.

How does CareTrust REIT support shareholder income?

CareTrust REIT issues regular cash dividends to return value to shareholders.