DIVIDEND ANNOUNCEMENT: CareTrust REIT Inc (NASDAQ:CTRE) on 03/15/2022 declared a dividend of $0.2750 per share

CareTrust REIT Inc (NASDAQ:CTRE) on 03/15/2022 declared a dividend of $ 0.2750 per share payable on April 15, 2022 to shareholders of record as of March 31, 2022. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

CareTrust REIT Inc (NASDAQ:CTRE) has paid dividends since 2014, has a current dividend yield of 6.2642374039% and has increased its dividends for 6 successive years.

CareTrust REIT Inc's market cap is $ 1,704,180,440 and has a PE ratio of 23.73. The stock price closed yesterday at $ 17.56 and has a 52 week low/high of $ 16.86 and $ 24.89.

CareTrust REIT is a self-administered 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 and assisted living facilities. Co. also has other real estate investments consisting of one mezzanine loan receivable. Co. leases healthcare-related properties to healthcare operators in triple-net lease arrangements. Co. also provides secured mortgage loans to healthcare operators and secured mezzanine loans to healthcare operators.

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