CareTrust REIT (CTRE) increases dividend by 3.6%, marking a decade of consecutive annual increases

CareTrust REIT, Inc. (NYSE:CTRE) announced today that its Board of Directors has increased its quarterly common stock cash dividend from $0.28 to $0.29 per common share. The current dividend will be payable to common stockholders of record as of the close of business on March 28, 2024 and management affirmed that the company plans to pay the dividend on or about April 15, 2024.

Dave Sedgwick, CareTrust’s Chief Executive Officer, commented that “We continue our balanced approach to maintaining our pattern of annually increasing our dividend while also retaining our least expensive form of capital for future investments.”

CareTrust REIT