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.
Copyright Business Wire 2014