High-Yield Stock: HCP Increases Quarterly Dividend - Yield Exceeds Six Percent

HCP (HCP), a real estate investment trust (REIT) that invests in health care real estate, raised its quarterly dividend from $0.46 per share to $0.465 per share. The new dividend is payable February 23, 2010 to shareholders of record as of February 11, 2010.

HCP is a Dividend Achiever. See Dividend History for a table of quarterly dividends since February 2003.

Its current dividend yield is 6.20 percent.

See Health Care REITs Pay Hefty Dividends for more health care REITs.

To get more performance information about HCP, use the buyupside.com Stock Return Calculator.

See Great Dividend Stocks (A-Z) for more dividend-paying stocks.

I (RAH) do not own HCP.

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Posted February 4, 2010.