CareTrust REIT Raises Quarterly Dividend by 16%

Dow Jones
03/13
 

By Colin Kellaher

 

CareTrust REIT's board has raised the real-estate investment trust's quarterly dividend by 16%, to 39 cents from 33.5 cents.

The new payout, equal to $1.56 a year, represents an annual yield of about 3.89% based on Thursday's closing price of $40.09, up from 3.34%.

The Dana Point, Calif., company on Friday said the increased dividend is payable April 15 to shareholders of record March 31.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

March 13, 2026 06:09 ET (10:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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