Care Investment Trust (CRE) Announces Quarterly Dividend of 17c, Yielding 12% And Appoints Paul F. Hughes CFO

March 16, 2009 7:46 AM EDT

Care Investment Trust Inc. (NYSE: CRE) announced that its Board has declared a dividend of $0.17 per share of common stock for the fourth quarter 2008. The dividend is payable on April 9, 2009 to common shareholders of record on March 26, 2009.

To receive the dividend, you must own the shares before March 24th.

In addition, Care Investment Trust announced the election of Paul F. Hughes as Chief Financial Officer and Treasurer effective March 17, 2009. Mr. Hughes replaces Frank E. Plenskofski, who informed the Board that he will be resigning effective at the close of business on March 16, 2009 and after the filing of the Company's Form 10-K annual report.

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