CareTrust REIT's last dividend was on Sep 30, 2024 (ex-date) with a distribution of $0.29 per share. On an annualized basis, the company has a current payout of $1.15 per share. This brings the dividend yield to 4.2% based on its recent close price.
CTRE has a dividend yield of 4.2% which is below the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 6.31%, CareTrust REIT's dividend yield is 33% lower. Historically CTRE's dividend yield has averaged at 5.1% in the last 5 years, which is above the current yield.
CareTrust REIT has been paying dividends since 2014. CTRE has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 3.1% since one year ago. But with the stock price up by 20% from a year ago, the dividend yield marks a decrease of 14%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 30, 2024 | $0.29 | 3.73% |
Jun 28, 2024 | $0.29 | 4.54% |
Mar 27, 2024 | $0.29 | 4.67% |
Dec 28, 2023 | $0.28 | 4.94% |
Sep 28, 2023 | $0.28 | 5.44% |
Jun 29, 2023 | $0.28 | 5.62% |
Mar 30, 2023 | $0.28 | 5.77% |
Dec 29, 2022 | $0.275 | 5.89% |
Sep 29, 2022 | $0.275 | 6.15% |
Jun 29, 2022 | $0.275 | 5.77% |
Mar 30, 2022 | $0.275 | 5.52% |
Dec 30, 2021 | $0.265 | 4.65% |
Sep 29, 2021 | $0.265 | 5.06% |
Jun 29, 2021 | $0.265 | 4.43% |
Mar 30, 2021 | $0.265 | 4.36% |
Dec 30, 2020 | $0.25 | 4.51% |
Sep 29, 2020 | $0.25 | 5.52% |
Jun 29, 2020 | $0.25 | 5.53% |
Mar 30, 2020 | $0.25 | 5.93% |
Dec 30, 2019 | $0.225 | 4.41% |
Sep 27, 2019 | $0.225 | 3.74% |
Jun 27, 2019 | $0.225 | 3.64% |
Mar 28, 2019 | $0.225 | 3.59% |
Dec 28, 2018 | $0.205 | 4.43% |
Sep 27, 2018 | $0.205 | 4.63% |
Jun 28, 2018 | $0.205 | 4.62% |
Mar 28, 2018 | $0.205 | 5.64% |
Dec 28, 2017 | $0.185 | 4.4% |
Sep 28, 2017 | $0.185 | 3.83% |
Jun 28, 2017 | $0.185 | 3.72% |
Mar 29, 2017 | $0.185 | 4.26% |
Dec 28, 2016 | $0.17 | 4.53% |
Sep 28, 2016 | $0.17 | 4.45% |
Jun 28, 2016 | $0.17 | 4.93% |
Mar 29, 2016 | $0.17 | 5.16% |
Dec 29, 2015 | $0.16 | 5.71% |
Sep 28, 2015 | $0.16 | 57.39% |
Jun 26, 2015 | $0.16 | 48.5% |
Mar 27, 2015 | $0.16 | 45.07% |
CTRE has a payout ratio of 157.5% which is higher than the Real Estate sector average but lower than the industry average. In comparison with the Real Estate sector average of 126.2%, CareTrust REIT's payout ratio is 25% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
GOOD Gladstone Commercial Corp | 7.48% | $1.2 | 571.4% |
OLP One Liberty Properties Inc | 6.55% | $1.8 | 109.8% |
GTY Getty Realty Corp | 5.89% | $1.8 | 153.8% |
CTRE CareTrust REIT Inc | 4.2% | $1.15 | 157.5% |
AVB Avalonbay Communities Inc | 3.04% | $6.75 | 92.2% |
Yes, CareTrust REIT has been paying dividends for the last ten years.
CareTrust REIT's last regular dividend was on Sep 30, 2024 (ex-date) with the amount of $0.29 per share.
On an annual basis CTRE pays $1.15 per share.
The current dividend yield of CareTrust REIT is 4.2%.
CareTrust REIT pays dividends quarterly.
CareTrust REIT's dividend payout ratio is 157.5%.
CareTrust REIT's dividend yield is below the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.