CareTrust REIT: Great Company For Income Investors
Summary
- The management has been patiently and steadily acquiring new properties and has taken a proactive approach to shifting the portfolio away from senior housing.
- The company will likely grow at 3-5% AFFO per year in the next 5 years allowing it to outperform its peers once again.
- The management’s dividend policy focuses on stable, reliable, and growing dividends.
- CTRE is trading at a 5.7% dividend yield.
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