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NEW YORK ( TheStreet) -- The ex-dividend date for HCP (NYSE: HCP) is tomorrow, August 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $47.35 as of 9:30 a.m. ET, the dividend yield is 4.2%. The average volume for HCP has been 2.5 million shares per day over the past 30 days. HCP has a market cap of $19.78 billion and is part of the financial sector and real estate industry. Shares are up 13.8% year to date as of the close of trading on Tuesday. HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. The company has a P/E ratio of 30.8, above the average real estate industry P/E ratio of 30.6 and above the S&P 500 P/E ratio of 17.7.