HCP, Inc. ( HCP ) will begin trading ex-dividend on May 05, 2016. A cash dividend payment of $0.575 per share is scheduled to be paid on May 24, 2016. Shareholders who purchased HCP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.77% increase over the same period a year ago. At the current stock price of $34.84, the dividend yield is 6.6%.
The previous trading day's last sale of HCP was $34.84, representing a -14.92% decrease from the 52 week high of $40.95 and a 38.75% increase over the 52 week low of $25.11.
HCP is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). HCP's current earnings per share, an indicator of a company's profitability, is -$1.2. Zacks Investment Research reports HCP's forecasted earnings growth in 2016 as -12.5%, compared to an industry average of 5.4%.
Interested in gaining exposure to HCP through an Exchange Traded Fund [ETF]?
The following ETF(s) have HCP as a top-10 holding:
- PowerShares Active U.S. Real Estate Fund ( PSR )
- iShares Residential Real Estate Capped ETF ( REZ )
- Schwab U.S. REIT ETF ( SCHH )
- Vanguard REIT ETF - DNQ ( VNQ ).
The top-performing ETF of this group is VNQ with an increase of 5.62% over the last 100 days. PSR has the highest percent weighting of HCP at 4.88%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.