Sabra Health Care REIT Inc (NASDAQ:SBRAP) announced a quarterly dividend on Thursday, August 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, August 16th will be given a dividend of 0.4453 per share on Thursday, August 31st. This represents a $1.78 annualized dividend and a yield of 6.86%. The ex-dividend date of this dividend is Monday, August 14th.

Shares of Sabra Health Care REIT (SBRAP) opened at 25.98 on Wednesday. The stock has a market capitalization of $1.70 billion and a price-to-earnings ratio of 21.87. The firm’s 50-day moving average is $25.74 and its 200 day moving average is $25.82. Sabra Health Care REIT has a 52-week low of $23.28 and a 52-week high of $27.50.

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About Sabra Health Care REIT

Sabra Health Care REIT, Inc is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company’s segment includes investments in healthcare-related real estate properties. The Company’s primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector.

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