CareTrust REIT Announces Quarterly Dividend Increase

The real estate investment trust will pay a higher dividend to shareholders on April 15th.

Mar. 15, 2026 at 11:10am

Got story updates? Submit your updates here. ›

CareTrust REIT, Inc. (NYSE:CTRE), a real estate investment trust specializing in healthcare properties, has declared a quarterly dividend of $0.39 per share. This represents a 16.4% increase from the company's previous quarterly dividend of $0.34. The dividend will be paid on April 15th to shareholders of record as of March 31st.

Why it matters

The dividend increase demonstrates CareTrust REIT's strong financial performance and commitment to providing stable and predictable returns to its investors. As a REIT, the company is required to distribute a significant portion of its taxable income to shareholders in the form of dividends.

The details

CareTrust REIT has increased its dividend by an average of 0.1% annually over the last three years and has increased its dividend annually for the last 3 consecutive years. The company's current dividend payout ratio is 87.6%, meaning its dividend is currently covered by earnings, though that may change if the company's earnings decline.

  • CareTrust REIT declared the quarterly dividend on Friday, March 13th, 2026.
  • The dividend will be paid on Wednesday, April 15th, 2026.
  • The ex-dividend date is Tuesday, March 31st, 2026.

The players

CareTrust REIT, Inc.

A real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties.

Got photos? Submit your photos here. ›

The takeaway

CareTrust REIT's dividend increase reflects the company's strong financial position and commitment to providing consistent returns to its shareholders. As a healthcare-focused REIT, the company's performance is tied to the ongoing demand for quality healthcare real estate across the United States.