Ventas, Inc. (NYSE:VTR – Get Free Report) announced a quarterly dividend on Thursday, February 5th. Stockholders of record on Tuesday, March 31st will be paid 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 2.5%. The ex-dividend date 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 0.0%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Ventas has a payout ratio of 270.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Ventas to earn $3.69 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 56.4%.
Ventas Trading Down 0.8%
VTR stock opened at $82.00 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.03. The company has a market cap of $38.95 billion, a price-to-earnings ratio of 151.86, a PEG ratio of 2.02 and a beta of 0.73. The business has a fifty day simple moving average of $83.04 and a 200-day simple moving average of $77.53. Ventas has a 52 week low of $60.15 and a 52 week high of $88.36.
Ventas Company Profile
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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