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CareTrust REIT (CTRE) Dividend Yield, Date & History

CareTrust REIT logo
$27.36 +0.15 (+0.55%)
(As of 12/20/2024 05:31 PM ET)

CareTrust REIT Dividend Summary

Dividend Yield
4.24%
Annual Dividend
$1.16
Next
Dividend Payment
Jan. 15
Annualized 3-Year
Dividend Growth
7.82%
Dividend Payout Ratio
161.11%

CareTrust REIT (CTRE) pays an annual dividend of $1.16 per share, with a dividend yield of 4.24%. The next quarterly payment of $0.29 per share is scheduled for Wednesday, January 15, to investors who own the stock before the ex-dividend date of Tuesday, December 31. The company currently pays out 161.11% of its earnings and 128.46% of its cash flow as dividends.

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CTRE Dividend Payments by Quarter

The chart below displays up to four years of CareTrust REIT's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CTRE Dividend Yield Over Time

The chart below tracks CareTrust REIT's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

CareTrust REIT vs. The Competition

Compare CareTrust REIT's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeCareTrust REITFinance CompaniesNASDAQ Companies
Annual Dividend$1.16$0.02$1.31
Dividend Yield4.24%9.98%4.21%
Annualized 3-Year Dividend Growth7.82%12.89%14.22%

CareTrust REIT Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings161.11%
Based on This Year's Estimate77.33%
Based on Next Year's Estimate66.29%
Based on Cashflow128.46%

CareTrust REIT Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/16/2024quarterly$0.29 - 4.05%12/31/202412/31/20241/15/2025
9/16/2024quarterly$0.29 - 3.7%9/30/20249/30/202410/15/2024
6/17/2024Quarterly$0.29 - 4.64%6/28/20246/28/20247/15/2024
3/18/2024quarterly$0.29+$0.01
3.57%
4.8%3/27/20243/28/20244/15/2024
12/18/2023Quarterly$0.28 - 4.94%12/28/202312/29/20231/12/2024
9/19/2023quarterly$0.28 - 5.6%9/28/20239/29/202310/13/2023
6/20/2023quarterly$0.28 - 5.65%6/29/20236/30/20237/14/2023
3/22/2023quarterly$0.28+$0.0050
1.82%
5.96%3/30/20233/31/20234/14/2023

This table shows CareTrust REIT's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

CareTrust REIT Dividend - Frequently Asked Questions

The current dividend yield for CareTrust REIT is 4.24%. Learn more on CTRE's dividend yield history.

The annual dividend for CTRE shares is $1.16. Learn more on CTRE's annual dividend history.

CareTrust REIT pays quarterly dividends to shareholders.

CareTrust REIT's next quarterly dividend payment of $0.29 per share will be made to shareholders on Wednesday, January 15, 2025.

CareTrust REIT's most recent quarterly dividend payment of $0.29 per share was made to shareholders on Tuesday, October 15, 2024.

CareTrust REIT's next ex-dividend date is Tuesday, December 31, 2024.

CareTrust REIT's most recent ex-dividend date was Monday, September 30, 2024.

Over the past three years, the company's dividend has grown by an average of 7.82% per year.

The most recent change in the company's dividend was an increase of $0.01 on Monday, March 18, 2024.

The dividend payout ratio for CTRE is:
  • 161.11% based on the trailing year of earnings
  • 77.33% based on this year's estimates
  • 66.29% based on next year's estimates
  • 128.46% based on cash flow

CareTrust REIT's dividend yield of 4.07% is lower than the average Finance company that issues a dividend. CareTrust REIT's dividend payout ratio of 161.11% may not be sustainable. However, based on earnings estimates, CTRE will have a more sustainable dividend payout ratio of 66.29% next year.

Looking at the stock as a whole, market analysts rate CareTrust REIT stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NASDAQ:CTRE) was last updated on 12/21/2024 by MarketBeat.com Staff
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