HCP Declares Quarterly Cash Dividend on Common Stock

IRVINE, Calif., July 28, 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 August 23, 2016 to stockholders of record as of the close of business on August 8, 2016.

About HCP

HCP, 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; and (iii) 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

Thomas M. HerzogExecutive Vice President and Chief Financial Officer(949) 407-0400

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SOURCE HCP, Inc.