HCP is a Maryland corporation organized in March of 1985 for the purpose of qualifying as a real estate investment trust, or REIT.
Our fiscal year ends every year on December 31st.
To view or download our latest annual reports, a 10-Q, 10-K or other SEC filings, please visit our Investor Relations page.
Yes. To sign up for email alerts on company events, SEC filings, press releases and closing stock price information, click on Email Alerts.
Registered holders (persons holding shares directly registered with EQ Shareowner Services or held in stock certificate form) with questions about their statements, dividend payments, registration changes, lost stock certificates, stock holdings or related matters should contact EQ Shareowner Services, at 800-468-9716. Beneficial shareholders (persons holding shares through their broker) should contact their respective brokers on all matters.
For all other inquiries please email Investor Relations at firstname.lastname@example.org
REITs - or Real Estate Investment Trusts - are corporations that combine the capital of many investors to acquire or provide financing for income producing real estate. A corporation must meet several requirements in order to qualify as a REIT but one of the most important is that it must distribute at least 90 percent of its taxable income, excluding capital gains, to its shareholders annually. When a corporation elects REIT status, then it is permitted to deduct dividends paid to its shareholders from its federal tax bill. For additional information about REITS, please visit our industry trade association’s website at www.nareit.org.
Healthcare REITs invest in healthcare-related properties such as senior housing facilities, medical office buildings, life science laboratory office space, hospitals and skilled nursing facilities. Healthcare REITs do not provide healthcare services since healthcare REITs cannot typically operate the properties they own.
Access/Affordability: REITs allow everyday investors to invest in income-producing real estate by purchasing shares in a REIT rather than making the large capital investments typically required to purchase real estate. Investors can determine the level of their investment by adjusting the number of shares they purchase and hold.
Corporate Governance/Disclosure Obligations: REITs that have securities registered with the SEC and that are listed on a major securities exchange such as the NYSE are subject to SEC and NYSE rules and regular disclosure obligations. These obligations include quarterly and yearly financial reporting that provide a valuable source of information for investors.
Liquidity: shares of publicly traded REITs are readily convertible to cash because they are traded on public exchanges similar to the stocks of other listed companies.
Operational Oversight: Independent directors, independent financial analysts, independent auditors and the business and financial media monitor a publicly-traded REIT’s financial reporting on a regular basis. This scrutiny provides investors with a measure of protection and more than one barometer of the REIT’s financial condition.
Professional Management: REIT managers are typically skilled, experienced, real estate professionals. A successful management team is one that is able to quickly and effectively reinvest available cash flows, consistently complete new projects on time and within budget, and develop strategies for developing new revenue opportunities.
Portfolio Diversification: real estate can help minimize risk by providing added diversification to an existing investment portfolio. Moreover, an investment in a REIT can represent an investment that is diversified across a range of real estate properties in a variety of geographic locations.
Total Return Opportunity: REITs typically provide both attractive dividend income and the potential to realize long-term capital appreciation. There can be no assurances that investors in HCP will reap any or all of these advantages.
Our common stock (NYSE:HCP) trades on the New York Stock Exchange.
To date, our Board of Directors has authorized the payment of quarterly cash dividends on our common stock. There can be no assurance that these cash dividends will be paid in the future.
Please see our Dividend Information page.
HCP calculates the tax treatment of its common stock dividends based on its operations during the tax year. This tax treatment is reflected on the stockholder’s Form 1099 and is announced in a press release early each year. For a breakdown of common stock dividend tax treatment click here.
Dividend income paid on HCP common stock will be reported to both the stockholder and the IRS. If stock is held in a direct registration account or via a stock certificate, your Form 1099 will be mailed out by the transfer agent. If you have questions regarding your Form 1099 please contact Wells Fargo Shareowner Services at 800-468-9716. If stock is held in a brokerage account, your Form 1099 will be prepared and mailed out by your broker. Any information or questions regarding your Form 1099 should be directed to your broker.
HCP’s DRIP is designed to provide participants with a convenient and economical method to reinvest all or a portion of their dividends and purchase shares of our common stock. The DRIP is available to both existing stockholders and individual investors wishing to make an initial investment. There are no fees or brokerage commissions on purchases and we will bear the expenses for open market purchases.
If you are interested in investing through the DRIP or finding out more details, please read the information available, including the plan prospectus, on our Dividend Reinvestment and Stock Purchase Plan page.
This is neither an offer to sell, nor a solicitation of an offer to buy, any security. Such offer may only be made by means of a prospectus. Please read the prospectus carefully before making any investment. Information contained on our website is not incorporated by reference into the prospectus.
You may request affidavit forms for lost stock certificates from Wells Fargo Shareowner Services which charges a replacement fee. Stockholders should direct questions relating to the replacement of lost stock certificates to Wells Fargo Shareowner Services at 800-468-9716.
QUALITY CARE PROPERTIES, INC. (QCP) SPIN-OFF FAQ
Below is contact information for QCP:
The QCP stock distribution is not a tax-free transaction under the Internal Revenue Code.
Information on the taxable nature of the distribution can be found in the Form 10 filed with the Securities & Exchange Commission. Information regarding the tax basis of the QCP stock in the hands of the HCP stockholder was provided in a press release issued on November 28, 2016. Information regarding the tax impact of the distribution on HCP stockholders will be provided in the annual Form 1099-DIV each HCP stockholder will receive by January 30, 2017. Please consult your tax advisor if you would like more information on this topic.
Because this transaction was not a tax-free transaction, the cost basis in your HCP shares will not be allocated between HCP shares and QCP shares.
For U.S. federal income tax purposes, HCP has reported that the fair market value of the QCP common stock distributed per each share of HCP common stock outstanding on October 24, 2016 was approximately $6.17, or $30.85 for each share of QCP common stock. Accordingly, every HCP common stockholder who received a QCP share will have a tax cost basis of $30.85 per distributed share.
Under Internal Revenue Code, the fair market value of the distributed property is the amount that would have been received had HCP sold the property for fair market value at the time of the distribution. An independent third-party valuation was performed to determine that value.
HCP will publish Form 8937 on its website on or around January 16, 2017.
Please contact QCP investor relations to obtain additional information regarding QCP’s expected dividend level.
Please contact your broker.
EQ Shareowner Services acts as HCP's Transfer Agent and Registrar. Stockholders can access general and account information online at www.shareowneronline.com.
Transfer Agent Contact Information
EQ Shareowner Services
P.O. Box 64856
St. Paul, MN 55164-0856
HCP Investor Relations Contact Information
By phone: 949-407-0400
By email: email@example.com
Quality Care Properties, Inc. Investor Relations Contact Information
By phone: 240-223-4680
By email: firstname.lastname@example.org