CareTrust (CTRE) Rewards Shareholders With Dividend Hike
CTRECareTrust REIT(CTRE) Zacks Investment Research·2024-03-20 01:55

CareTrust REIT, Inc. (CTRE) announced a 3.6% increase in its quarterly common stock cash dividend to 29 cents per share from 28 cents paid out earlier. The increased dividend will be paid out on Apr 15 to shareholders of record as of Mar 28, 2024. Based on the hiked rate, the annualized dividend comes at 1.16persharecomparedwiththepriorrateof1.16 per share compared with the prior rate of 1.12 per share. At this new rate, the dividend yield is 4.83%, based on the company’s share price of $23.97 on Mar 18, 2024. The latest hike reflects CTRE’s ...