Published on July 30, 2010 at 4:19 AM
Health Care REIT, Inc. (NYSE:HCN) announced today that its Board of Directors declared a cash dividend for the quarter ended June 30, 2010 of $0.69 per share. The dividend will be the company's 157th consecutive quarterly payment, payable August 20, 2010, to stockholders of record on August 9, 2010. The dividend is a one cent increase from the dividend paid for the first quarter of 2010.
“This increase is a display of our confidence in our ability to find accretive opportunities in an improving investment environment.”
"We are pleased to provide a dividend increase to our stockholders," said George L. Chapman, chief executive officer of Health Care REIT, Inc. "This increase is a display of our confidence in our ability to find accretive opportunities in an improving investment environment."
Source Health Care REIT, Inc.,
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