CareTrust REIT, Inc. (CTRE) Dividends
Dividend Yield and Dividend History Highlights
- As for free cash flow, CTRE has greater average cash flow over the past 5.5 years than 6.17% US-listed dividend payers.
- CTRE's compound annual growth rate of its cash flow over the past 5.5 years is -0.2% -- which is higher than about 5.82% stocks we're looking at.
- As for stocks whose price is uncorrelated with CTRE's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: TMO, HUM, PPL, GSHD and REYN.
CTRE Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $27.36 | $44.37 | 137.92% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for CTRE, the DDM model, as implemented by StockNews, implies a positive return of 137.92% relative to its current price. Digging deeper, the aspects of CareTrust REIT Inc's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, CTRE offers a dividend yield in the top 11.25% of stocks in our set.
- CTRE's market cap of approximately $2 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 77.17% of them.
- Based on dividend growth rate, CTRE boasts a higher growth rate in terms of its annual cash distributed to its owners than 91.3% of the dividend issuers in our set.
CTRE Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-30 | Dividend | $0.29 | -- |
| 2024-06-28 | Dividend | $0.29 | -- |
| 2024-03-27 | Dividend | $0.29 | +3.57% |
| 2023-12-28 | Dividend | $0.28 | -- |
| 2023-09-28 | Dividend | $0.28 | -- |
| 2023-06-29 | Dividend | $0.28 | -- |
| 2023-03-30 | Dividend | $0.28 | +1.82% |
| 2022-12-29 | Dividend | $0.28 | -- |
| 2022-09-29 | Dividend | $0.28 | -- |
| 2022-06-29 | Dividend | $0.28 | -- |
| 2022-03-30 | Dividend | $0.28 | +3.77% |
| 2021-12-30 | Dividend | $0.27 | -- |
| 2021-09-29 | Dividend | $0.27 | -- |
| 2021-06-29 | Dividend | $0.27 | -- |
| 2021-03-30 | Dividend | $0.27 | +6.00% |
| 2020-12-30 | Dividend | $0.25 | -- |
| 2020-09-29 | Dividend | $0.25 | -- |
| 2020-06-29 | Dividend | $0.25 | -- |
| 2020-03-30 | Dividend | $0.25 | +11.11% |
| 2019-12-30 | Dividend | $0.23 | -- |
| 2019-09-27 | Dividend | $0.23 | -- |
| 2019-06-27 | Dividend | $0.23 | -- |
| 2019-03-28 | Dividend | $0.23 | +9.76% |
| 2018-12-28 | Dividend | $0.21 | -- |
| 2018-09-27 | Dividend | $0.21 | -- |
| 2018-06-28 | Dividend | $0.21 | -- |
| 2018-03-28 | Dividend | $0.21 | +10.81% |
| 2017-12-28 | Dividend | $0.19 | -- |
| 2017-09-28 | Dividend | $0.19 | +15.63% |
| 2015-09-28 | Dividend | $0.16 | -- |
| 2015-06-26 | Dividend | $0.16 | -- |
| 2015-03-27 | Dividend | $0.16 | +28.00% |
| 2014-12-29 | Dividend | $0.13 | -97.87% |
| 2014-12-11 | Dividend | $5.88 | -- |
CTRE Dividends vs. Peers
CTRE's dividend yield currently ranks #14 of 21 vs. its peers in the REITs - Healthcare category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | CHCT | Community Healthcare Trust Incorporated | 0.00% |
| 2 | SBRA | Sabra Health Care REIT, Inc. | 0.00% |
| 3 | VTR | Ventas, Inc. | 0.00% |
| 4 | WELL | Welltower Inc. | 0.00% |
| 5 | DOC | Physicians Realty Trust Common Shares of Beneficial Interest | 0.00% |
| 6 | QCP | Quality Care Properties, Inc. | 0.00% |
| 7 | MPW | Medical Properties Trust, Inc. common stock | 0.00% |
| 8 | HR | Healthcare Realty Trust Incorporated | 0.00% |
| 9 | GMRE | Global Medical REIT Inc. | 0.00% |
| 10 | PEAK | Healthpeak Properties Inc. | 0.00% |
| 11 | DHC | Diversified Healthcare Trust | 0.00% |
| 12 | SNR | New Senior Investment Group Inc. | 0.00% |
| 13 | HTA | Healthcare Trust of America, Inc. | 0.00% |
| 14 | CTRE | CareTrust REIT, Inc. | 0.00% |
| 15 | OHI | Omega Healthcare Investors, Inc. | 0.00% |
| 16 | NWHUF | NorthWest Healthcare Properties Real Estate Investment Trust | 0.00% |
| 17 | UHT | Universal Health Realty Income Trust | 0.00% |
| 18 | CCP | Care Capital Properties, Inc. | 0.00% |
| 19 | LTC | LTC Properties, Inc. | 0.00% |
| 20 | MRT | MedEquities Realty Trust, Inc. | 0.00% |
| 21 | NHI | National Health Investors, Inc. | 0.00% |
Looking for More Information on CTRE dividends?
Here are a few links from around the web to help you further your research on CareTrust REIT Inc and its dividends:CareTrust REIT Inc Common Stock (CTRE) Dividend History | Nasdaq
Dividend History for CareTrust REIT Inc (CTRE) - Dividend Investor
CareTrust REIT Inc (CTRE) Dividend History - Seeking Alpha