CareTrust REIT Dividends and Buybacks
Dividend criteria checks 3/6
CareTrust REIT is a dividend paying company with a current yield of 4.33%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
4.3%
Dividend yield
-27.2%
Buyback Yield
| Total Shareholder Yield | -22.9% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 0.5% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | €1.160 |
| Payout ratio | 457% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7XC's dividends per share have been stable in the past 10 years.
Growing Dividend: 7XC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CareTrust REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7XC) | 4.3% |
| Market Bottom 25% (DE) | 0% |
| Market Top 25% (DE) | 0% |
| Industry Average (Health Care REITs) | 0% |
| Analyst forecast (7XC) (up to 3 years) | 4.7% |
Notable Dividend: 7XC's dividend (4.33%) is higher than the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: 7XC's dividend (4.33%) is low compared to the top 25% of dividend payers in the German market (4.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (456.6%), 7XC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.3%), 7XC's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 16:30 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CareTrust REIT, Inc. is covered by 24 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Rodgers | Baird |
| Amanda Sweitzer | Baird |
| Steven Valiquette | Barclays |