How Safe Is HCP and Its Dividend?
Real estate investment trusts, or REITs, are well known for their above-average dividend yields, but they aren't always safe. Healthcare REIT HCP (NYSE: HCP) currently pays a 5% dividend yield, but it slashed its payout last year after spinning off its skilled nursing properties into QCP (NYSE: QCP).
Now that the spinoff has been complete for nearly a year and HCP's other ambitious plans have started to play out, let's revisit the question that is probably on the minds of many of the company's investors: "Is HCP's dividend safe now?"
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Source: Fool.com
Healthpeak Properties Inc. Stock
€19.80
-0.990%
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Healthpeak Properties Inc..
As a result the target price of 27 € shows a positive potential of 36.36% compared to the current price of 19.8 € for Healthpeak Properties Inc..
