LONG BEACH, Calif.--(BUSINESS WIRE)--Jan. 25, 2013--
HCP (NYSE:HCP) announced that its Board of Directors declared an
increased quarterly cash dividend of $0.525 per share on its common
stock, compared with $0.50 per share in the previous quarter. The
annualized rate of distribution for 2013 is $2.10, compared with $2.00
for 2012, which represents a 5% increase.
The quarterly cash dividend will be paid on February 19, 2013 to
stockholders of record as of the close of business on February 4, 2013.
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 hospitals. 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 28 consecutive
years; and (iii) is the only REIT included in the S&P 500 Dividend
Aristocrats index. For more information regarding HCP, visit the
Company's website at www.hcpi.com.
Source: HCP, Inc.
Timothy M. Schoen
Executive Vice President and Chief