---
schema_version: "secwatch.filing_event.v1"
accession: "0001492298-22-000026"
form_type: "8-K"
ticker: "SBRA"
cik: "0001492298"
company_name: "Sabra Health Care REIT, Inc."
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T05:05:45.019154+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sabra Q2 2022 FFO $0.36, Normalized AFFO $0.38; acquires $264.9M YTD; dividend $0.30/share

## Summary
- Q2 diluted FFO $0.36, Normalized FFO $0.39, AFFO $0.36, Normalized AFFO $0.38; net income $0.07.
- Year-to-date investments total $264.9M at 6.9% weighted avg initial yield, including 12 Canadian senior housing communities.
- Dispositions YTD $40.2M; six facilities under contract expected to generate over $210M by year-end.
- Net Debt/EBITDA 5.44x, target ~5.0x by year-end using disposition proceeds; dividend $0.30/share (79% payout of Normalized AFFO).
- Behavioral health portfolio now ~$730M (~13% of NOI); same-store managed AL cash NOI up >50% sequentially.

## SEC filing metadata
- accession: 0001492298-22-000026
- form_type: 8-K
- ticker: SBRA
- cik: 0001492298
- company_name: Sabra Health Care REIT, Inc.
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492298/000149229822000026/0001492298-22-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492298/000149229822000026/sbra-20220803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492298-22-000026
- JSON: https://secwatch.observer/filing/0001492298-22-000026.json
- Plain text: https://secwatch.observer/filing/0001492298-22-000026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.