CareTrust REIT Announces Quarterly Dividend of $0.29 per Share

Rhea-AI Summary

CareTrust REIT has announced a quarterly cash dividend of $0.29 per common share, payable on July 15, 2024, to shareholders of record as of June 28, 2024. The company continues to focus on growth opportunities in skilled nursing, seniors housing, and other healthcare-related properties. CareTrust REIT is a self-administered real estate investment trust with a portfolio of long-term net-leased properties across the United States.

Positive

• Declared a quarterly dividend of $0.29 per share.
• Dividend payable on July 15, 2024.
• Record date for dividend eligibility set for June 28, 2024.
• Focus on growth opportunities in skilled nursing, seniors housing, and healthcare-related properties.
• Nationwide portfolio of long-term net-leased properties.

Negative

• No new acquisitions or major business developments announced.
• Dividend amount remains unchanged from previous quarters, indicating no increase.

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 $0.29 per common share. The current dividend will be payable to common stockholders of record as of the close of business on June 28, 2024. The Company intends to pay the dividend on or about July 15, 2024.

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/20240617642753/en/

CareTrust REIT, Inc.

(949) 542-3130

ir@caretrustreit.com

Source: CareTrust REIT, Inc.

FAQ

What is the amount of CareTrust REIT's quarterly dividend?

CareTrust REIT has declared a quarterly dividend of $0.29 per common share.

When is the record date for CareTrust REIT's dividend?

The record date for the dividend is June 28, 2024.

When will CareTrust REIT pay its next dividend?

CareTrust REIT will pay the next dividend on or about July 15, 2024.

What type of properties does CareTrust REIT focus on?

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

What is CareTrust REIT's stock symbol?

CareTrust REIT's stock symbol is CTRE.