HCP Declares Increased Quarterly Cash Dividend on Common Stock for 29th Consecutive Year
January 30 2014 - 5:25PM
Business Wire
HCP (NYSE:HCP) announced that its Board of Directors declared an
increased quarterly cash dividend of $0.545 per share on its common
stock, compared with $0.525 per share in the previous quarter. This
is the 29th consecutive year that HCP has increased its dividend
per share.
The annualized rate of distribution per share for 2014 is $2.18,
compared with $2.10 for 2013, which represents a 3.8% increase.
The quarterly cash dividend will be paid on February 25, 2014 to
stockholders of record as of the close of business on February 10,
2014.
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. The Company'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 29 consecutive years; (iii) is
the only REIT included in the S&P 500 Dividend Aristocrats
index; and (iv) is a global leader in sustainability as a member of
the CDP, Dow Jones and FTSE4Good sustainability leadership indices,
and the Global and North American healthcare sector leader for
GRESB. For more information regarding HCP, visit the Company's
website at www.hcpi.com.
HCP, Inc.Timothy M. SchoenExecutive Vice President and Chief
Financial Officer562-733-5309
HCP (NYSE:HCP)
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