Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) Announces Quarterly Dividend of $0.30

Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) declared a quarterly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.30 per share by the real estate investment trust on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Friday, August 14th.

Sabra Healthcare REIT has decreased its dividend by an average of 0.0%annually over the last three years. Sabra Healthcare REIT has a payout ratio of 153.8% 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 Sabra Healthcare REIT to earn $1.59 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 75.5%.

Sabra Healthcare REIT Trading Down 2.6%

NASDAQ:SBRA opened at $20.61 on Tuesday. The company has a market capitalization of $5.20 billion, a PE ratio of 32.71, a price-to-earnings-growth ratio of 1.64 and a beta of 0.64. The company has a quick ratio of 4.72, a current ratio of 4.72 and a debt-to-equity ratio of 0.96. Sabra Healthcare REIT has a 52-week low of $17.17 and a 52-week high of $22.77. The stock has a fifty day simple moving average of $19.77 and a 200-day simple moving average of $19.93.

Sabra Healthcare REIT Company Profile

Sabra Healthcare REIT, Inc (NASDAQ: SBRA) is a real estate investment trust that acquires, owns and operates net‐lease healthcare properties. Its diversified portfolio spans senior housing communities, skilled nursing and rehabilitation centers, outpatient medical facilities, medical office buildings, hospitals and life science properties. Sabra structures long‐term, triple‐net lease agreements with healthcare operators, providing stable rental income streams while allowing tenants to focus on patient care and operational excellence.

Serving a broad spectrum of care segments, Sabra’s tenants include both regional and national providers of assisted living, independent living, memory care, post‐acute rehabilitation and research and development laboratories.