CareTrust REIT, Inc. (CTRE) Dividends
Dividend Yield and Dividend History Highlights
- CTRE's free cash flow has been growing at a compound average annual rate of 62.88% over the past 5.5 years -- higher than 90.31% of current US-listed dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CTRE's price: HIHO, CPB, SLP, AGI and FNV.
CTRE Price Forecast Based on Dividend Discount Model
|Current Price||DDM Fair Value Target:||Forecasted Gain:|
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of CTRE, the DDM model, as implemented by StockNews, implies a negative return of 13.06% relative to its current price. Digging deeper, the aspects of CareTrust REIT Inc's dividend discount model that we found most interesting were:
- Given its market cap of around 2 billion US dollars, its dividend yield of 5.28 is greater than 80.54% of its fellow stocks in the mid market cap class.
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for CTRE, approximately just 11.75% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
CTRE Dividend Chart
CTRE Dividend History
|Ex-Dividend Date||Type||Payout Amount||Change|
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CTRE Dividends vs. Peers
|1||CCP||Care Capital Properties, Inc.||9.59%|
|2||OHI||Omega Healthcare Investors, Inc.||8.46%|
|3||SBRA||Sabra Health Care REIT, Inc.||8.11%|
|4||NHI||National Health Investors, Inc.||6.95%|
|5||LTC||LTC Properties, Inc.||6.26%|
|6||SNR||New Senior Investment Group Inc.||6.03%|
|7||MPW||Medical Properties Trust, Inc. common stock||5.82%|
|8||GMRE||Global Medical REIT Inc.||5.60%|
|9||CTRE||CareTrust REIT, Inc.||5.28%|
|10||DOC||Physicians Realty Trust Common Shares of Beneficial Interest||4.97%|
|11||HTA||Healthcare Trust of America, Inc.||4.78%|
|15||HR||Healthcare Realty Trust Incorporated||3.88%|
|16||MRT||MedEquities Realty Trust, Inc.||3.81%|
|17||CHCT||Community Healthcare Trust Incorporated||3.33%|
|18||DHC||Diversified Healthcare Trust||1.10%|
|19||QCP||Quality Care Properties, Inc.||0.00%|
|20||PEAK||Healthpeak Properties Inc.||0.00%|