CareTrust REIT (CTRE) Declares $0.125 Quarterly Dividend; 4.1% Yield

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Go back to CareTrust REIT (CTRE) Declares $0.125 Quarterly Dividend; 4.1% Yield

CareTrust REIT, Inc. Announces Quarterly Dividend of $0.125 Per Share

December 18, 2014 5:30 AM EST

SAN CLEMENTE, Calif., Dec. 18, 2014 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) today announced that its Board of Directors has declared a quarterly cash dividend of $0.125 per share of CareTrust common stock, payable on or before January 15, 2015 to shareholders of record as of December 31, 2014.

"This year-end dividend allows us to preserve our REIT eligibility by clearing our remaining taxable income for the portion of the year since our June 1 spin-off," noted Greg Stapley, CareTrust's Chairman and Chief Executive Officer. The spin-off referenced was CareTrust's successful spin-off from well-known healthcare operator The Ensign Group, Inc.... More