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Sabra Health Care REIT, Inc. (SBRA) logo

Sabra Health Care REIT, Inc.

S&P 500

SBRA/Real Estate · REIT - Healthcare Facilities/NASDAQ

Dividend Yield

6.57%

$1.20 · Annual Dividend

Stock Price$19.31P/E29.0MCap4.6BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

55/ 100Caution

SBRA's dividend shows some areas that warrant monitoring. Strengths include a 2.6x current ratio & 95.9 debt-to-equity. Areas of concern: 80.1% fcf payout ratio & 87.2% cfo payout ratio. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.

Based on 15 of 15 metrics

Strengths

  • Current Ratio: 2.6xStrong short-term liquidity to meet obligations.
  • Debt-to-Equity: 95.9Conservative debt level relative to equity.
  • Operating Margin: 31.4%Healthy operating margin provides a wide buffer.

Risks

  • 5-Year Dividend CAGR: -2.3%Dividend growth has been weak or negative.
  • FCF Payout Ratio: 80.1%Free cash flow is tight relative to the dividend.
  • CFO Payout Ratio: 87.2%Operating cash flow leaves little room for the payout.

Payout & Coverage

Warning
84.7%Caution
80.1%Warning
87.2%Warning

Balance Sheet

Safe
2.6xVery Safe
95.9Very Safe

Profitability

Safe
5.7%Warning
31.4%Very Safe
61.4%Very Safe

Dividend Track Record

Caution
11+ yrsVery Safe
NoneVery Safe
VolatileWarning

About Sabra Health Care REIT, Inc.

Sabra Health Care REIT, Inc. is a self-administered, self-managed real estate investment trust specializing in healthcare properties. It owns and invests in a diversified portfolio of facilities across the United States and Canada, including skilled nursing facilities, senior housing, assisted living centers, and behavioral health properties. The company focuses on forging long-term relationships with operators who deliver quality care, leveraging its industry expertise and operator background to navigate the dynamic healthcare real estate market. Sabra Health Care REIT, Inc. generates all its revenue from these healthcare real estate investments, primarily through leasing to third-party tenants in the sector. Headquartered in Tustin, California, it plays a vital role in providing stable real estate solutions tailored to the growing demands of aging populations and specialized medical services.

Dividend Overview

Dividend Yield

6.57%

Annual Dividend

$1.20

Frequency

Quarterly

Payout Ratio

190.48%

FCF Payout Ratio

80.11%

52-Week Range

$17.17 - $21.28

Dividend History (2016–2025)

SBRA annual dividend per share and yield history

Earnings & Profitability

SBRA earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 15, 2026

Last Payment Date

May 29, 2026

Dividend Growth

3-Year Dividend CAGR

0.00%

5-Year Dividend CAGR

-2.33%

10-Year Dividend CAGR

-2.84%

3-Year Total Growth

0.00%

5-Year Total Growth

-11.11%

10-Year Total Growth

-25.00%

Income Calculator

SBRA Dividend Calculator

Total Investment

$1,931.00

Annual Income

$120.00

Quarterly Income

$30.00

Monthly Income

$10.00

Frequently Asked Questions

What is SBRA's current dividend yield?
Sabra Health Care REIT, Inc. (SBRA) currently has a dividend yield of 6.57%, based on a stock price of $19.31 and an annual dividend of $1.20.
When is SBRA's next dividend payment date?
SBRA's next ex-dividend date is 2026-05-15 and the next payment date is 2026-05-29. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does SBRA pay in dividends per year?
Sabra Health Care REIT, Inc. paid $1.20 per share in annual dividends in 2025. The dividends are paid quarterly.
Has SBRA been increasing its dividend?
Sabra Health Care REIT, Inc. has grown its dividend at a 5-year CAGR of -2.33% and a 10-year CAGR of -2.84%.
Is SBRA's dividend safe?
Sabra Health Care REIT, Inc. has a payout ratio of 190.48%. Its free cash flow payout ratio is 80.11%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is SBRA's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Sabra Health Care REIT, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.