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CareTrust REIT boosts dividend 9.8%

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CareTrust REIT boosts dividend 9.8%

Healthcare real estate investment trust CareTrust REIT Inc.'s board increased the company's quarterly common stock cash dividend to 22.5 cents from 20.5 cents.

The new dividend marks a 9.8% increase from the previous dividend.

The dividend is payable on or about April 15 to stockholders of record as of March 29.