CareTrust REIT Dividend

Dividend criteria checks 4/6

CareTrust REIT, Inc. is a dividend paying company with a current yield of 5.4% that is well covered by earnings.

Key information

5.4%

Dividend yield

70%

Payout ratio

Industry average yield3.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.10
Earnings per share-US$0.042
Dividend yield forecast in 3Y5.6%

Recent dividend updates

Recent updates

CareTrust REIT declares $0.275 dividend

Dec 16

CareTrust REIT: Earn A Solid 5.5% Yield From This Sturdy REIT

Sep 21

CareTrust REIT declares $0.275 dividend

Sep 15

CareTrust REIT extends secured loan on California skilled nursing facilities

Aug 02

Put CareTrust REIT On Hold

Jul 13

CareTrust REIT name Diana Laing chair after Stapley's planned resignation

Jul 01

CareTrust REIT: Worsening Labor Shortage But Improving Occupancy

May 02

CareTrust REIT: A Value Investment For Long Term Hold

Feb 18

CareTrust REIT: Why This 5% Yielder Is A Great Value Buy

Dec 13

CareTrust REIT: An Excellent Value Stock Currently Yielding 5.1%

Oct 02

Here's Why We Think CareTrust REIT (NASDAQ:CTRE) Is Well Worth Watching

Sep 03
Here's Why We Think CareTrust REIT (NASDAQ:CTRE) Is Well Worth Watching

CareTrust REIT: This Cash Cow Gives Income And Growth

Jul 20

CareTrust REIT declares $0.265 dividend

Jun 16

CareTrust REIT (CTRE) Investor Presentation - Slideshow

Jun 09

CareTrust REIT's subsidiaries offer $400M in senior notes due 2028

Jun 01

Do CareTrust REIT's (NASDAQ:CTRE) Earnings Warrant Your Attention?

May 29
Do CareTrust REIT's (NASDAQ:CTRE) Earnings Warrant Your Attention?

CareTrust REIT, Inc. 2021 Q1 - Results - Earnings Call Presentation

May 07

It Looks Like Shareholders Would Probably Approve CareTrust REIT, Inc.'s (NASDAQ:CTRE) CEO Compensation Package

Apr 24
It Looks Like Shareholders Would Probably Approve CareTrust REIT, Inc.'s (NASDAQ:CTRE) CEO Compensation Package

Is CareTrust REIT, Inc. (NASDAQ:CTRE) Popular Amongst Institutions?

Mar 04
Is CareTrust REIT, Inc. (NASDAQ:CTRE) Popular Amongst Institutions?

Here's Why I Think CareTrust REIT (NASDAQ:CTRE) Is An Interesting Stock

Feb 02
Here's Why I Think CareTrust REIT (NASDAQ:CTRE) Is An Interesting Stock

CareTrust REIT, Inc.'s (NASDAQ:CTRE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Dec 29
CareTrust REIT, Inc.'s (NASDAQ:CTRE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

CareTrust REIT Is Currently Fairly Valued

Dec 25

CareTrust REIT declares $0.25 dividend

Dec 17

CareTrust REIT: Good Things Come In Small Packages

Dec 04

How Should Investors Feel About CareTrust REIT's (NASDAQ:CTRE) CEO Remuneration?

Dec 03
How Should Investors Feel About CareTrust REIT's (NASDAQ:CTRE) CEO Remuneration?

CareTrust REIT acquires four-property Texas portfolio for $47.6M

Nov 17

CareTrust REIT, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 08

Dividend Yield vs Market

CareTrust REIT Dividend Yield vs Market
How does CTRE dividend yield compare to the market?
SegmentDividend Yield
Company (CTRE)5.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.2%
Industry Average (REITs)3.6%
Analyst forecast in 3 Years (CTRE)5.6%

Notable Dividend: CTRE's dividend (5.36%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: CTRE's dividend (5.36%) is in the top 25% of dividend payers in the US market (4.15%)


Stability and Growth of Payments

How stable has CareTrust REIT's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20241.162
12/31/20231.145
2/4/20231.15.36
12/28/20221.15.65
9/16/20221.15.9
6/18/20221.15.42
3/15/20221.16.17
12/15/20211.065.26
9/15/20211.065.05
6/17/20211.064.63
3/15/20211.064.49
12/17/202014.4
9/15/202015.29
6/16/202015.52
3/12/202016.25
12/16/20190.94.24
9/20/20190.94.06
6/18/20190.93.82
3/19/20190.93.73
12/17/20180.823.89
9/19/20180.824.46
6/18/20180.824.69
3/16/20180.825.67
12/18/20170.744.86
9/18/20170.743.95
8/2/20170.743.91
3/16/20170.744.16
12/19/20160.684.42
9/20/20160.684.77
6/20/20160.684.7
3/16/20160.685.24
12/16/20150.645.89
9/17/20150.645.75
6/19/20150.645.23
3/19/20150.644.86
10/27/20140.53.7

Stable Dividend: Whilst dividend payments have been stable, CTRE has been paying a dividend for less than 10 years.

Growing Dividend: CTRE's dividend payments have increased, but the company has only paid a dividend for 8 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70.5%), CTRE's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (71.5%), CTRE's dividend payments are covered by cash flows.


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