Ventas, Inc. (VTR) to Issue Quarterly Dividend of $0.52 on October 15th

Ventas, Inc. (NYSE:VTR) announced a quarterly dividend on Monday, September 14th. Stockholders of record on Wednesday, September 30th will be given a dividend of 0.52 per share by the real estate investment trust on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, September 30th.

Ventas has decreased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 1 years. Ventas has a payout ratio of 270.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Ventas to earn $4.29 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 48.5%.

Ventas Price Performance

Shares of Ventas stock opened at $88.49 on Wednesday. The stock has a market cap of $45.39 billion, a P/E ratio of 163.86, a P/E/G ratio of 3.48 and a beta of 0.70. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.44 and a current ratio of 0.44. The stock’s fifty day moving average is $92.72 and its 200 day moving average is $88.01. Ventas has a one year low of $66.54 and a one year high of $101.60.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, topping the consensus estimate of $0.96 by $0.01. Ventas had a return on equity of 1.99% and a net margin of 4.08%.The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter last year, the company earned $0.87 earnings per share. The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. Sell-side analysts anticipate that Ventas will post 3.89 earnings per share for the current year.

About Ventas

Ventas, Inc is a real estate investment trust (REIT) that owns and manages a diversified portfolio of healthcare and senior living properties. Its real estate platform includes senior housing communities, medical office buildings, life science and innovation centers, and other healthcare-related facilities.

The company generally leases or operates its properties through relationships with healthcare providers, senior living operators, universities, and research institutions. Its properties support services such as independent and assisted living, skilled nursing, outpatient care, physician practices, medical research, and biotechnology development.

Ventas serves major healthcare and life science markets in the United States and Canada.