The ex-dividend date for HCP (NYSE:HCP) is tomorrow, January 31, 2013. Owners of shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $47.22 as of 9:31 a.m., the dividend yield is 4.5%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for HCP (NYSE: HCP) is tomorrow, January 31, 2013. Owners of shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $47.22 as of 9:31 a.m. ET, the dividend yield is 4.5%. The average volume for HCP has been 2.2 million shares per day over the past 30 days. HCP has a market cap of $21.21 billion and is part of the financial sector and real estate industry. Shares are up 3.9% 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 31.1, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates HCP as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, revenue growth, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full HCP Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.