HCP, Inc. (NYSE:HCP) announced a quarterly dividend on Thursday, October 25th, RTT News reports. Shareholders of record on Monday, November 5th will be given a dividend of 0.37 per share by the real estate investment trust on Tuesday, November 20th. This represents a $1.48 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date of this dividend is Friday, November 2nd.
HCP stock opened at $27.55 on Thursday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.51 and a current ratio of 0.51. HCP has a twelve month low of $21.48 and a twelve month high of $27.91. The company has a market cap of $12.85 billion, a price-to-earnings ratio of 14.13, a P/E/G ratio of 6.87 and a beta of 0.28.
HCP (NYSE:HCP) last released its quarterly earnings data on Wednesday, October 31st. The real estate investment trust reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.10. HCP had a net margin of 3.39% and a return on equity of 1.12%. The company had revenue of $456.00 million for the quarter, compared to analysts’ expectations of $456.59 million. During the same quarter last year, the company earned $0.48 earnings per share. The firm’s revenue for the quarter was up .4% on a year-over-year basis. As a group, analysts predict that HCP will post 1.82 earnings per share for the current year.
HCP, Inc is a fully integrated real estate investment trust (REIT) that invests in real estate serving the healthcare industry in the United States. HCP owns a large-scale portfolio primarily diversified across life science, medical office and senior housing. Recognized as a global leader in sustainability, HCP has been a publicly-traded company since 1985 and was the first healthcare REIT selected to the S&P 500 index.
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