SBRA dividend – Sabra Health Care REIT Inc Announces 0.3 Cash Dividend
June 9, 2023
☀️Dividends Yield
Sabra Health Care ($NASDAQ:SBRA) REIT Inc announced on June 8 2023 that they would be issuing a 0.3 cash dividend, marking the fourth consecutive year they have declared a 1.2 USD annual dividend per share. This has yielded an average of 8.08% for the past three years, making it an attractive option for dividend seekers. The ex-dividend date for the dividend is May 15 2023, and the yield is projected to be 8.53%, 8.56%, and 7.15% in 2021 through 2023 respectively. This makes SABRA HEALTH CARE REIT an attractive investment prospect with its high dividend returns.
Furthermore, as a real estate investment trust, it is insulated from inflation and offers protection from stock market volatility. Considering the potential returns, SABRA HEALTH CARE REIT may be a great way to diversify your portfolio while earning a steady income. With its high yield and stable returns, it is worth considering as an investment option.
Share Price
The stock opened at $11.8 and closed at $11.7, down 1.3% from the prior closing price of $11.9. The dividend will be paid on September 15, 2021. This dividend announcement reaffirms Sabra Health Care REIT Inc’s commitment to providing investor returns while continuing to invest in its businesses and communities. With this dividend, the company remains focused on creating long-term value for shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for SBRA. More…
| Total Revenues | Net Income | Net Margin |
| 623.03 | -127.69 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for SBRA. More…
| Operations | Investing | Financing |
| 320.91 | -65.83 | -245.26 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for SBRA. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.56k | 2.58k | 12.87 |
Key Ratios Snapshot
Some of the financial key ratios for SBRA are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 34.7% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – SBRA Intrinsic Stock Value
At GoodWhale, we recently took a closer look at SABRA HEALTH CARE REIT’s financials. Our proprietary Valuation Line indicates that the fair value of SABRA HEALTH CARE REIT’s share is around $13.9. However, at the current trading price of $11.7, the stock is undervalued by 15.7%, making it an attractive buying opportunity. We recommend investors to look into this stock and take advantage of the current price discrepancy. More…
Peers
There are several large, publicly traded healthcare real estate investment trusts (REITs) that own and operate properties leased to skilled nursing and other healthcare operators. The largest and most prominent of these firms are Sabra Health Care REIT Inc, Healthcare Realty Trust Inc, LTC Properties Inc, and Omega Healthcare Investors Inc. These firms are all engaged in a fierce competition to acquire the best performing nursing home and assisted living properties.
– Healthcare Realty Trust Inc ($NYSE:HR)
Healthcare Realty Trust Inc is a real estate investment trust that specializes in healthcare-related properties. As of 2022, the company had a market cap of 7.2 billion dollars. The company owns and operates hospitals, medical office buildings, and other healthcare-related facilities across the United States. Healthcare Realty Trust is headquartered in Nashville, Tennessee.
– LTC Properties Inc ($NYSE:LTC)
LTC Properties Inc is a publicly traded real estate investment trust (REIT) that invests in senior housing and long-term care properties. As of December 31, 2020, LTC owned a portfolio of 260 skilled nursing, assisted living, and other long-term care properties located in 29 states.
– Omega Healthcare Investors Inc ($NYSE:OHI)
Omega Healthcare Investors is a real estate investment trust that specializes in leasing long-term care facilities. As of March 31, 2021, the company owned 1,543 properties in 44 states and the United Kingdom. The company was founded in 1992 and is headquartered in Hunt Valley, Maryland.
Summary
Investing in SABRA HEALTH CARE REIT can be a solid choice for investors seeking a steady dividend yield. With this steady and reliable dividend, SABRA HEALTH CARE REIT offers a solid opportunity for those looking for income-oriented investing. This is likely to continue as healthcare remains a resilient sector in the current market environment.
