CareTrust REIT announced a 16 % increase in its quarterly dividend, raising the payment from $0.335 to $0.39 per share. The dividend will be payable to shareholders of record as of March 31 2026 and is expected to be paid on or about April 15 2026.
The hike marks the company’s 10th consecutive year of dividend increases, underscoring a long‑term commitment to returning value to investors. The new dividend of $0.39 per share represents a 16.4 % rise from the previous $0.335, a level that aligns with the firm’s historical pattern of steady, incremental payouts.
CareTrust’s dividend decision follows a strong financial performance in the fourth quarter of 2025. The company reported earnings per share of $0.47, beating analyst expectations of $0.42, and posted net income per diluted share of $1.57, an 96 % jump over the prior year. Normalized FAD per share for the full year 2025 rose to $1.76, up 14 % from the previous year, and the firm closed $1.8 billion of acquisitions in 2025, expanding its gross asset value by 50 % and adding a seniors‑housing portfolio in the UK.
CEO Dave Sedgwick said, "Our dividend increase this year reflects this commitment as well as our confidence in the strength of our portfolio and our optimism for continued growth." The statement highlights management’s confidence in the company’s portfolio and its outlook for future growth.
Analysts have responded positively to the dividend increase and the company’s broader performance. Citizens reiterated a "Market Outperform" rating with a price target of $40.00, RBC raised its target to $44 from $41 while maintaining an "Outperform" rating, and UBS adjusted its target to $48 from $44, maintaining a "Buy" rating.
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