Real Estate: Care Investment Trust To Split 3-For-2
September 3, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Care Investment Trust, Inc. (NYSE: CRE) said that its board of directors has approved a stock split in the ratio of three-for-two to be effected in the form of a common stock dividend. Each shareholder of record as of the close of business on September 13, 2010, will receive a dividend equal to one-half of one share of the company's common stock for each outstanding share held on the record date.
The dividend will be distributed to shareholders on September 20, 2010.
New York-based Care Investment Trust is a real estate investment and finance company investing in healthcare-related real estate and commercial mortgage debt.
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