DIVIDEND ANNOUNCEMENT: CareTrust REIT Inc (NASDAQ:CTRE) on 09/15/2020 declared a dividend of $0.2500 per share

CareTrust REIT Inc (NASDAQ:CTRE) on 09/15/2020 declared a dividend of $ 0.2500 per share payable on October 15, 2020 to shareholders of record as of September 30, 2020.

CareTrust REIT Inc (NASDAQ:CTRE) has paid dividends since 2014, has a current dividend yield of 5.2219324112% and has increased its dividends for 4 successive years.

CareTrust REIT Inc's market cap is $ 1,833,363,550 and has a PE ratio of 38.30. The stock price closed yesterday at $ 19.15 and has a 52 week low/high of $ 7.16 and $ 24.56.

CareTrust REIT is a real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. Co.'s real estate portfolio consists of skilled nursing facilities, multi-service campuses, assisted living facilities and independent living facilities. Co. also has other real estate investments consisting of preferred equity investment and mortgage loans. Co. leases healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property. Co. also provides mortgage loans to healthcare operators.

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