HCP Stock To Go Ex-dividend Tomorrow (HCP)

NEW YORK ( TheStreet) -- The ex-dividend date for HCP (NYSE: HCP) is tomorrow, February 6, 2014. Owners of shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $39.03 as of 9:50 a.m. ET, the dividend yield is 5.6%.

The average volume for HCP has been 2.9 million shares per day over the past 30 days. HCP has a market cap of $17.74 billion and is part of the financial sector and real estate industry. Shares are up 7.4% 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.

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TheStreet Ratings rates HCP as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full HCP Ratings Report.

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