CareTrust ups dividend
CareTrust REIT raised its quarterly dividend from $0.335 to $0.39 per share — shareholders of record on March 31, 2026, will receive the new payout around April 15, 2026, signaling management’s focus on returning capital CareTrust dividend update.
CareTrust’s CEO Dave Sedgwick framed the board action as a vote of confidence in the portfolio and future growth, saying the increase “reflects this commitment” and the company’s optimism. marketchameleon.com By this calculation, the raise pushes the annualized payout to roughly 89% of 2025’s Normalized FAD of $1.76 per share, an inference using the company’s dividend announcement and its 2025 operating results. marketchameleon.com CareTrust’s 2026 guidance calls for Normalized FFO/FAD of $1.90–$1.95 per share, so the raised payout would absorb about 81% of the guidance midpoint — an inference based on the company’s guidance and the dividend notice. fool.com The company reported a conservative leverage and liquidity profile at year‑end, including net debt to annualized normalized run‑rate EBITDA of 0.7x, $100 million cash on hand, $372 million of unsettled equity‑forward proceeds and $1.2 billion of revolver capacity. fool.com Operationally, CareTrust closed $1.8 billion of 2025 investments at a blended stabilized yield of 8.6% and says it holds a roughly $500 million investment pipeline going into 2026. investor.caretrustreit.com Analyst coverage is mixed: RBC has recently kept an Outperform and raised its target, UBS has adjusted targets higher, and commentary outlets have flagged the higher payout ratio as a potential risk. finance.yahoo.com Market data services note the increase implies an annualized yield near 3.9% based on recent trading levels, a metric investors use to compare income across REITs. marketbeat.com
