DIVIDEND ANNOUNCEMENT: CareTrust REIT Inc (NASDAQ:CTRE) on 03/15/2021 declared a dividend of $0.2650 per share

CareTrust REIT Inc (NASDAQ:CTRE) on 03/15/2021 declared a dividend of $ 0.2650 per share payable on April 15, 2021 to shareholders of record as of March 31, 2021. Dividend amount recorded is an increase of $ 0.015 from last dividend Paid.

CareTrust REIT Inc (NASDAQ:CTRE) has paid dividends since 2014, has a current dividend yield of 4.4351463318% and has increased its dividends for 5 successive years.

CareTrust REIT Inc's market cap is $ 2,291,866,600 and has a PE ratio of 28.12. The stock price closed yesterday at $ 23.90 and has a 52 week low/high of $ 7.16 and $ 23.88.

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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