Ventas, Inc. (NYSE:VTR – Get Free Report) declared a quarterly dividend on Thursday, February 5th. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.52 per share by the real estate investment trust on Thursday, April 16th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 8.3% increase from Ventas’s previous quarterly dividend of $0.48.
Ventas has decreased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years. Ventas has a payout ratio of 249.4% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Ventas to earn $3.69 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 52.0%.
Ventas Stock Up 1.4%
Ventas stock opened at $80.97 on Friday. The stock has a market cap of $38.03 billion, a PE ratio of 155.71, a price-to-earnings-growth ratio of 1.94 and a beta of 0.77. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.32 and a current ratio of 0.32. Ventas has a one year low of $58.72 and a one year high of $81.89. The stock has a fifty day moving average of $78.09 and a 200 day moving average of $73.08.
About Ventas
Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.
Ventas’ business model combines property ownership with active asset management and capital markets activity.
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