Ex-Dividend Reminder: Spirit Realty Capital, BrightSpire Capital and CareTrust REIT

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As a percentage of SRC's recent stock price of $45.98, this dividend works out to approximately 1.39%, so look for shares of Spirit Realty Capital Inc to trade 1.39% lower — all else being equal — when SRC shares open for trading on 3/30/22. Similarly, investors should look for BRSP to open 2.04% lower in price and for CTRE to open 1.44% lower, all else being equal.

Below are dividend history charts for SRC, BRSP, and CTRE, showing historical dividends prior to the most recent ones declared.

Spirit Realty Capital Inc (NYSE:SRC):

BrightSpire Capital Inc (NYSE:BRSP):

CareTrust REIT Inc (NYSE:CTRE):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 5.55% for Spirit Realty Capital Inc, 8.15% for BrightSpire Capital Inc, and 5.74% for CareTrust REIT Inc.

In Monday trading, Spirit Realty Capital Inc shares are currently trading flat, BrightSpire Capital Inc shares are off about 0.3%, and CareTrust REIT Inc shares are up about 0.6% on the day.