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: |
| $19.85 | $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 Chart
CTRE Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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CTRE Dividends vs. Peers
CTRE's dividend yield currently ranks #10 of 21 vs. its peers in the REITs - Healthcare category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | CCP | Care Capital Properties, Inc. | 9.59% |
| 2 | OHI | Omega Healthcare Investors, Inc. | 9.50% |
| 3 | MPW | Medical Properties Trust, Inc. common stock | 9.36% |
| 4 | SBRA | Sabra Health Care REIT, Inc. | 9.13% |
| 5 | GMRE | Global Medical REIT Inc. | 7.86% |
| 6 | NHI | National Health Investors, Inc. | 6.39% |
| 7 | LTC | LTC Properties, Inc. | 6.25% |
| 8 | DOC | Physicians Realty Trust Common Shares of Beneficial Interest | 5.97% |
| 9 | HR | Healthcare Realty Trust Incorporated | 5.87% |
| 10 | CTRE | CareTrust REIT, Inc. | 5.68% |
| 11 | DHC | Diversified Healthcare Trust | 5.57% |
| 12 | UHT | Universal Health Realty Income Trust | 5.36% |
| 13 | HTA | Healthcare Trust of America, Inc. | 4.53% |
| 14 | PEAK | Healthpeak Properties Inc. | 4.43% |
| 15 | CHCT | Community Healthcare Trust Incorporated | 4.30% |
| 16 | MRT | MedEquities Realty Trust, Inc. | 3.81% |
| 17 | VTR | Ventas, Inc. | 3.54% |
| 18 | WELL | Welltower Inc. | 3.30% |
| 19 | SNR | New Senior Investment Group Inc. | 2.95% |
| 20 | QCP | Quality Care Properties, Inc. | 0.00% |
| 21 | NWHUF | NorthWest Healthcare Properties Real Estate Investment Trust | 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