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Dec 31, 2021
CareTrust REIT Q4 2021 Earnings Report
CareTrust REIT reported fourth quarter results, including net income of $18.3 million and normalized FFO of $37.3 million.
Key Takeaways
CareTrust REIT announced Q4 2021 operating results, reporting 100% contractual rent collection, net income of $18.3 million, normalized FFO of $37.3 million, and a quarterly dividend of $0.265 per share.
100% of contractual rents were collected.
Net income was $18.3 million, a 13.3% decrease over the prior year.
Normalized FFO was $37.3 million, a 9.0% increase over the prior year.
A quarterly dividend of $0.265 per share was declared, representing a payout ratio of approximately 65% on normalized FAD.
Forward Guidance
Due to the early stage of the 2022 asset management plan, issuing guidance will be postponed until meaningful progress has been made.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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