A portfolio of stocks I've been building since September 3 is named Volio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the fourth of five healthcare sector stocks striving to join my Volio folio. This could be the twenty-second pick for Volio!

That healthcare sector includes ten industries all related to testing, diagnosing and treating what ails us. Healthcare industries are: biotechnology; diagnostics & research; drug manufacturers - major and - specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices; medical distribution; medical supplies.

My subject today is a mid-cap healthcare facility real estate investment trust named, CareTrust REIT Inc. Their trading ticker symbol is CTRE. This is my first report for CareTrust REIT Inc (CTRE).

CareTrust REIT is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, development, and leasing of seniors housing and healthcare-related properties. The company operates as a REIT that invests in income-producing healthcare-related properties. It generates revenues primarily by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements.

Headquartered in San Clemente, CA, CareTrust REIT traces its origins back to 1999 and The Ensign Group Founders who spun CTRE off in 2014 as a tax-free REIT of 97 Ensign-owned properties.

I use three key data points to gauge dividend-paying equities or funds like CareTrust REIT Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

CTRE Price

CareTrust's price per share closed at $22.13 yesterday. A year ago its price was $21.92. So, in the past nearly a year its market price grew by $0.21, or just about 1%.

Assuming CareTrust's stock trades in the range of $20 to $24 this next year, its recent $22.13 price could rise by $0.87  to reach $23.00 by January 30, 2021, assuming upward price momentum continues.

CTRE Dividends

CareTrust's latest declared quarterly dividend was $0.225, paid January 15. That $0.225 Q dividend generates an annual payout of $0.90 yielding 4.07% at yesterday's $22.13 share price.

CTRE Gains?

Adding the $0.90 annual estimated dividend to my $0.87 estimate of CareTrust REIT Inc price upside shows a $1.77 potential gross gain, per share, which will be reduced by any costs to trade those shares.

As for costs, if we put a little under $1,000.00 today in Care Trust REIT Inc at its recent $22.13 price, would buy 45 shares of CTRE.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.22 per share.

Subtract that $0.22 brokerage cost from the estimated $1.77 gross estimated gain per share leaves a net gain of $1.55 X 45 shares = $69.75 or a 6.98% net gain on a $995.85 investment.

Therefore, CareTrust REIT Inc, whose trading ticker symbol is CTRE shows a possible 6.98% net gain including a 4.07% dividend yield. It could be more, it could be less.   

The above speculation is based on past year performance. The actual results remain to be seen to learn if CareTrust REIT Inc, is worth your time and money.