Thursday, January 29, 2015
HCP raises dividend 3.67% --- New yield is 4.71%
Today HCP raised its quarterly dividend $.02 from $.545 to $.565. This represents a 3.67% increase and elevates the yield to 4.71%.
The ex-dividend date is February 5th and the pay date is February 24th. Since I currently own 210 shares, my yearly dividends will increase by $16.80.
HCP has performed very well over the past year and I'm certainly thrilled to receive additional passive income with no further capital investment needed. The next few raises that I am looking forward to are from Coke, DLR, and CSCO.