CTRE CareTrust REIT dividend history, payout ratio & dates
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 3.6% based on its recent close price.
Key dates
- CTRE last dividend date: Sep 30, 2024
CTRE dividend stats
vs. Real Estate sector
Dividend yield
CTRE has a dividend yield of 3.6% which is below the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 6%, CareTrust REIT's dividend yield is 40% lower. Historically CTRE's dividend yield has averaged at 5.1% in the last 5 years, which is above the current yield.
Dividend history
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 49% from a year ago, the dividend yield marks a decrease of 31%.
Recent dividends
| 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% |
CareTrust REIT dividend payout ratio
Payout ratio
CTRE has a payout ratio of 191.7% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 137.4%, CareTrust REIT's payout ratio is 40% higher.
Total amount of dividends paid per financial year (from cash flow)
CTRE dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GOOD Gladstone Commercial Corp | 7.5% | $1.2 | N/A |
| OLP One Liberty Properties Inc | 6.63% | $1.8 | 118.4% |
| GTY Getty Realty Corp | 5.63% | $1.8 | 153.8% |
| CTRE CareTrust REIT Inc | 3.49% | $1.15 | 191.7% |
| AVB Avalonbay Communities Inc | 2.97% | $6.75 | 114.2% |
Frequently asked questions
Does CareTrust REIT pay a dividend?
Yes, CareTrust REIT has been paying dividends for the last ten years.
When was CTRE's last dividend?
CareTrust REIT's last regular dividend was on Sep 30, 2024 (ex-date) with the amount of $0.29 per share.
How much dividend does CareTrust REIT pay (per share)?
On an annual basis CTRE pays $1.15 per share.
What is CareTrust REIT's dividend yield?
The current dividend yield of CareTrust REIT is 3.6%.
How often does CareTrust REIT pay dividends?
CareTrust REIT pays dividends quarterly.
What is CareTrust REIT's dividend payout ratio?
CareTrust REIT's dividend payout ratio is 191.7%.
Does CareTrust REIT pay a good dividend?
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.