Sabra Health Care REIT Updates Shareholder Engagement Strategy to Reflect Changing Business Conditions
Portfolio Pulse from Benzinga Insights
Sabra Health Care REIT (NASDAQ:SBRA) is set to deliver a dividend payout of $0.30 per share today, equating to an annualized dividend yield of 9.39%. However, the company has seen a reduction in its dividend per share from $1.80 to $1.20 from 2019 to 2022, and a decrease in earnings per share from $2.21 in 2019 to $1.52 in 2022. This could signify a challenging financial situation for the company.
August 31, 2023 | 3:05 pm
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Sabra Health Care REIT's dividend and earnings per share have been decreasing from 2019 to 2022, which could indicate financial challenges for the company.
The decrease in Sabra Health Care REIT's dividend per share and earnings per share from 2019 to 2022 could indicate financial difficulties for the company. This could potentially impact the company's ability to maintain its dividend payout schedule, which is a key factor for income-seeking investors. Therefore, this news is likely to have a negative impact on the company's stock price in the short term.
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