“We are pleased to once again continue our pattern of increasing the dividend,” said David Sedgwick, CareTrust’s Chief Executive Officer. Mr. Sedgwick noted that the increased dividend “strikes a balance of retaining the company’s least expensive source of capital for future deployment with continuing to steadily increase the dividend, while maintaining a conservative payout ratio.”
About CareTrust REIT™
Contact:
(949) 542-3130
ir@caretrustreit.com
CareTrust REIT, Inc.
Symbol: CTRE
CIK: 1590717
Exchange: NASDAQ
Founded: 2013 (11 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Health Care
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score.
Latest Price: $24.93
High: $24.97
Low: $24.81
Open: $24.85
Previous Close: $24.83
Volume: 568,281
52-Week High: $26.43
52-Week Low: $17.25
Last updated: 2024-05-16 - v1.3