CareTrust REIT, Inc. (CTRE) will begin trading ex-dividend on September 29, 2020. A cash dividend payment of $0.25 per share is scheduled to be paid on October 15, 2020. Shareholders who purchased CTRE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CTRE has paid the same dividend. At the current stock price of $17.28, the dividend yield is 5.79%.
The previous trading day's last sale of CTRE was $17.28, representing a -29.66% decrease from the 52 week high of $24.56 and a 141.27% increase over the 52 week low of $7.16.
CTRE is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) (AMT) and Prologis, Inc. (PLD). CTRE's current earnings per share, an indicator of a company's profitability, is $.51. Zacks Investment Research reports CTRE's forecasted earnings growth in 2020 as -1.23%, compared to an industry average of -3.1%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.