Shares of Sabra Health Care REIT Inc (Symbol: SBRA) were yielding above 9% based on its quarterly dividend. The stock traded as low as $13.14 on the day. Dividends are important for investors as they have historically contributed significantly to the stock market’s total return. For example, if you purchased shares of the iShares Russell 3000 ETF (IWV) on 5/31/2000, you would have experienced a loss of 0.6% over twelve years. However, you would have earned $10.77 per share in dividends, resulting in a total return of 13.15%.
Sabra Health Care REIT Inc (Symbol: SBRA) is a member of the Russell 3000, making it one of the largest 3000 companies on the U.S. stock market.
Dividend amounts are not always predictable and tend to follow the profitability of each company. To determine if Sabra Health Care REIT Inc’s latest dividend is likely to continue and if a 9% annual yield is a reasonable expectation, it is helpful to look at the history chart for SBRA.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.