HCP Declares Increased Quarterly Cash Dividend on Common Stock for 30th Consecutive Year
January 29 2015 - 4:05PM
Business Wire
HCP (NYSE:HCP) announced that its Board of Directors declared an
increased quarterly cash dividend of $0.565 per share on its common
stock, compared with $0.545 per share in the previous quarter. This
is the 30th consecutive year that HCP has increased its dividend
per share.
The annualized rate of distribution per share for 2015 is $2.26,
compared with $2.18 for 2014, which represents a 3.7% increase.
The quarterly cash dividend will be paid on February 24, 2015 to
stockholders of record as of the close of business on February 9,
2015.
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 30 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,
as well as the GRESB Global Healthcare Sector Leader. For more
information regarding HCP, visit the Company's website at
www.hcpi.com.
HCP, Inc.Timothy M. Schoen, 949-407-0400Executive Vice President
and Chief Financial Officer
HCP (NYSE:HCP)
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