CareTrust REIT Raises Quarterly Dividend From $0.28 To $0.29 Per Share
Portfolio Pulse from Benzinga Newsdesk
CareTrust REIT has increased its quarterly dividend from $0.28 to $0.29 per share, payable to stockholders of record by March 28, 2024, with payment expected around April 15, 2024.
March 18, 2024 | 10:02 am
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CareTrust REIT has announced an increase in its quarterly dividend from $0.28 to $0.29 per share, with the dividend payable to stockholders of record by March 28, 2024.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future earnings potential. This increase in CareTrust REIT's dividend is likely to be seen as a positive development by investors, potentially leading to a short-term uptick in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100