CareTrust REIT, Inc. (NYSE:CTRE) Increases Dividend to $0.39 Per Share

Key Points

• CareTrust REIT raised its quarterly dividend to $0.39 per share (a 16.4% increase from $0.34), implying a ~3.9% yield; the record/ex‑dividend date is March 31 and the payment date is April 15.
• The company reported quarterly EPS of $0.50 (beating estimates) and issued FY2026 guidance of $1.90–1.95 EPS, but its 87.6% payout ratio suggests the dividend is currently covered yet could be at risk if earnings decline.

CareTrust REIT, Inc. (NYSE:CTRE - Get Free Report) announced a quarterly dividend on Friday, March 13th. Investors of record on Tuesday, March 31st will be paid a dividend of 0.39 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 16.4% increase from CareTrust REIT's previous quarterly dividend of $0.34.

CareTrust REIT has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 3 years. CareTrust REIT has a payout ratio of 87.6% indicating that its dividend is currently covered by earnings, but may not be in the future if the company's earnings fall.

CareTrust REIT Price Performance

NYSE:CTRE traded down $0.09 during mid-day trading on Friday, hitting $40.01. 1,678,458 shares of the company's stock traded hands, compared to its average volume of 1,899,685. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.73 and a current ratio of 1.73. The company has a market cap of $8.93 billion, a PE ratio of 25.81, a price-to-earnings-growth ratio of 2.70 and a beta of 0.74. The firm's 50 day simple moving average is $38.51 and its 200 day simple moving average is $36.50. CareTrust REIT has a 1 year low of $25.82 and a 1 year high of $41.72.

CareTrust REIT (NYSE:CTRE - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.47 by $0.03. CareTrust REIT had a net margin of 67.28% and a return on equity of 8.98%. The business had revenue of $134.86 million for the quarter. CareTrust REIT has set its FY 2026 guidance at 1.900-1.95 EPS.

CareTrust REIT Company Profile

CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.

Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.

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