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 yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.10 |
| Earnings per share | -US$0.042 |
| Dividend yield forecast in 3Y | 5.6% |
Recent dividend updates
Recent updates
CareTrust REIT declares $0.275 dividend
Dec 16CareTrust REIT: Earn A Solid 5.5% Yield From This Sturdy REIT
Sep 21CareTrust REIT declares $0.275 dividend
Sep 15CareTrust REIT extends secured loan on California skilled nursing facilities
Aug 02Put CareTrust REIT On Hold
Jul 13CareTrust REIT name Diana Laing chair after Stapley's planned resignation
Jul 01CareTrust REIT: Worsening Labor Shortage But Improving Occupancy
May 02CareTrust REIT: A Value Investment For Long Term Hold
Feb 18CareTrust REIT: Why This 5% Yielder Is A Great Value Buy
Dec 13CareTrust REIT: An Excellent Value Stock Currently Yielding 5.1%
Oct 02Here's Why We Think CareTrust REIT (NASDAQ:CTRE) Is Well Worth Watching
Sep 03
CareTrust REIT: This Cash Cow Gives Income And Growth
Jul 20CareTrust REIT declares $0.265 dividend
Jun 16CareTrust REIT (CTRE) Investor Presentation - Slideshow
Jun 09CareTrust REIT's subsidiaries offer $400M in senior notes due 2028
Jun 01Do CareTrust REIT's (NASDAQ:CTRE) Earnings Warrant Your Attention?
May 29CareTrust REIT, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 07It Looks Like Shareholders Would Probably Approve CareTrust REIT, Inc.'s (NASDAQ:CTRE) CEO Compensation Package
Apr 24Is CareTrust REIT, Inc. (NASDAQ:CTRE) Popular Amongst Institutions?
Mar 04Here's Why I Think CareTrust REIT (NASDAQ:CTRE) Is An Interesting Stock
Feb 02CareTrust REIT, Inc.'s (NASDAQ:CTRE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 29CareTrust REIT Is Currently Fairly Valued
Dec 25CareTrust REIT declares $0.25 dividend
Dec 17CareTrust REIT: Good Things Come In Small Packages
Dec 04How Should Investors Feel About CareTrust REIT's (NASDAQ:CTRE) CEO Remuneration?
Dec 03CareTrust REIT acquires four-property Texas portfolio for $47.6M
Nov 17CareTrust REIT, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 08Dividend Yield vs Market
| CareTrust REIT Dividend Yield vs Market |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 1.16 | 2 |
| 12/31/2023 | 1.14 | 5 |
| 2/4/2023 | 1.1 | 5.36 |
| 12/28/2022 | 1.1 | 5.65 |
| 9/16/2022 | 1.1 | 5.9 |
| 6/18/2022 | 1.1 | 5.42 |
| 3/15/2022 | 1.1 | 6.17 |
| 12/15/2021 | 1.06 | 5.26 |
| 9/15/2021 | 1.06 | 5.05 |
| 6/17/2021 | 1.06 | 4.63 |
| 3/15/2021 | 1.06 | 4.49 |
| 12/17/2020 | 1 | 4.4 |
| 9/15/2020 | 1 | 5.29 |
| 6/16/2020 | 1 | 5.52 |
| 3/12/2020 | 1 | 6.25 |
| 12/16/2019 | 0.9 | 4.24 |
| 9/20/2019 | 0.9 | 4.06 |
| 6/18/2019 | 0.9 | 3.82 |
| 3/19/2019 | 0.9 | 3.73 |
| 12/17/2018 | 0.82 | 3.89 |
| 9/19/2018 | 0.82 | 4.46 |
| 6/18/2018 | 0.82 | 4.69 |
| 3/16/2018 | 0.82 | 5.67 |
| 12/18/2017 | 0.74 | 4.86 |
| 9/18/2017 | 0.74 | 3.95 |
| 8/2/2017 | 0.74 | 3.91 |
| 3/16/2017 | 0.74 | 4.16 |
| 12/19/2016 | 0.68 | 4.42 |
| 9/20/2016 | 0.68 | 4.77 |
| 6/20/2016 | 0.68 | 4.7 |
| 3/16/2016 | 0.68 | 5.24 |
| 12/16/2015 | 0.64 | 5.89 |
| 9/17/2015 | 0.64 | 5.75 |
| 6/19/2015 | 0.64 | 5.23 |
| 3/19/2015 | 0.64 | 4.86 |
| 10/27/2014 | 0.5 | 3.7 |
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.