HCP Declares Quarterly Cash Dividend on Common Stock
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Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 4%
Revenue Growth %: +11.0%
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IRVINE, Calif., April 27, 2016 /PRNewswire/ -- HCP (NYSE: HCP) announced that its Board of Directors declared a quarterly common stock cash dividend of $0.575 per share. The dividend will be paid on May 24, 2016 to stockholders of record as of the close of business on May 9, 2016.
About HCPHCP, Inc. is a fully integrated real estate investment trust (REIT) that invests primarily in real estate serving the healthcare industry in the United States. HCP's portfolio of assets is diversified among five distinct sectors: senior housing, post-acute/skilled nursing, life science, medical office and hospital. A publicly traded company since 1985, HCP: (i) was the first healthcare REIT selected to the S&P 500 index; (ii) has increased its dividend per share for 31 consecutive years; (iii) was the first REIT included in the S&P 500 Dividend Aristocrats index; and (iv) is recognized as a global leader in sustainability as a member of the Dow Jones and FTSE4Good sustainability indices, as well as the recipient in three of the past four years of both the GRESB Global Healthcare Sector Leader and the NAREIT Healthcare Leader in the Light Award. For more information regarding HCP, visit www.hcpi.com.
Contact
John LuExecutive Vice President – Corporate Finance and Investments(949) 407-0400
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SOURCE HCP, Inc.
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