CareTrust REIT Raises Quarterly Dividend to $0.29 per Share
March 18 2024 - 6:00AM
Business Wire
CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board
of Directors has increased its quarterly common stock cash dividend
from $0.28 to $0.29 per common share. The current dividend will be
payable to common stockholders of record as of the close of
business on March 28, 2024 and management affirmed that the company
plans to pay the dividend on or about April 15, 2024.
Dave Sedgwick, CareTrust’s Chief Executive Officer, commented
that “We continue our balanced approach to maintaining our pattern
of annually increasing our dividend while also retaining our least
expensive form of capital for future investments.”
About CareTrust™
CareTrust REIT, Inc. is a self-administered, publicly-traded
real estate investment trust engaged in the ownership, acquisition,
development and leasing of skilled nursing, seniors housing and
other healthcare-related properties. With a nationwide portfolio of
long-term net-leased properties, and a growing portfolio of quality
operators leasing them, CareTrust REIT is pursuing both external
and organic growth opportunities across the United States. More
information about CareTrust REIT is available at
www.caretrustreit.com.
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CareTrust REIT, Inc. (949) 542-3130 ir@caretrustreit.com
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