Ventas, Inc. (NYSE:VTR) to Issue Quarterly Dividend of $0.48

by · The Cerbat Gem

Ventas, Inc. (NYSE:VTR – Get Free Report) declared a quarterly dividend on Wednesday, December 10th. Investors of record on Wednesday, December 31st will be given a dividend of 0.48 per share by the real estate investment trust on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, December 31st.

Ventas has decreased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Ventas has a payout ratio of 249.4% 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 Ventas to earn $3.69 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 52.0%.

Ventas Stock Performance

NYSE:VTR traded down $1.09 during mid-day trading on Thursday, hitting $76.64. 463,043 shares of the company traded hands, compared to its average volume of 2,996,944. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 1.01. The stock’s fifty day moving average price is $74.68 and its 200-day moving average price is $69.13. The firm has a market cap of $36.00 billion, a price-to-earnings ratio of 147.41, a price-to-earnings-growth ratio of 2.02 and a beta of 0.78. Ventas has a one year low of $56.68 and a one year high of $81.89.

Ventas (NYSE:VTR – Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, beating the consensus estimate of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.05%. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period last year, the firm earned $0.80 EPS. The company’s revenue was up 20.5% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Research analysts anticipate that Ventas will post 3.4 earnings per share for the current fiscal year.

Ventas Company Profile

(Get Free Report)

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.

Featured Articles