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 | US$1.160 |
| Payout ratio | 457% |
Recent dividend and buyback updates
Recent updates
CareTrust REIT: An Acquisition Titan That's Still A Buy For Long-Term Investors
Dec 18CareTrust REIT: Strong Fundamentals And Growth Potential - Buy
Dec 04CareTrust REIT: Looking For Healthcare Exposure? You Should Consider This REIT
Sep 24CareTrust REIT Surges: Riding High On Skilled Nursing Strength
Sep 10CareTrust REIT: A Growing REIT That Deserves A Spot In Your Portfolio
Jun 28CareTrust REIT: Solid Operational Performance, But I Don't Like The Capital Structure
Jun 21CareTrust REIT: This Near 5% Yielding Healthcare REIT Is A Great Long-Term Buy For Dividend Investors
Apr 06CareTrust REIT: Fat, Stable Yield With Upside
Feb 05CareTrust: High-Quality Business Attractively Valued
Nov 25Medical Properties Trust Vs. CareTrust REIT: One On The Rise, The Other In Decline
Sep 21CareTrust REIT: A Safer Alternative To Omega Healthcare Investors
Sep 14CareTrust REIT: Thesis Update After Q2 Results, Hold For Now
Aug 18CareTrust REIT: Decent Yield And Attractive Risk Profile
Jun 14CareTrust REIT: Opportunistic Capital Structure At The Right Moment
Jun 05CareTrust REIT: The Best Real Estate Investment In Senior Care
Feb 11CareTrust REIT declares $0.275 dividend
Dec 16CareTrust REIT: Earn A Solid 5.5% Yield From This Sturdy REIT
Sep 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTRE's dividends per share have been stable in the past 10 years.
Growing Dividend: CTRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CareTrust REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTRE) | 4.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Health Care REITs) | 3.9% |
| Analyst forecast (CTRE) (up to 3 years) | 4.7% |
Notable Dividend: CTRE's dividend (4.33%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: CTRE's dividend (4.33%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (456.6%), CTRE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.3%), CTRE's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:32 |
| 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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 |