“We are pleased to once again continue our pattern of increasing the dividend,” saidDavid Sedgwick, CareTrust’s Chief Executive Officer.Mr. Sedgwick noted that the increased dividend “strikes a balance of retaining the company’s least expensive source of capital for future deployment with continuing to steadily increase the dividend, while maintaining a conservative payout ratio.”
AboutCareTrust REIT™
CareTrust REIT, Inc.is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them,CareTrust REITis pursuing both external and organic growth opportunities acrossthe United States. More information aboutCareTrust REITis available atwww.caretrustreit.com.
Contact:
CareTrust REIT, Inc.
(949) 542-3130
ir@caretrustreit.com