Why HCP Shareholders Have Nothing to Worry About

Healthcare real estate investment trust HCP (NYSE: HCP) has had an interesting couple of years, with several strategic asset sales, a spinoff of a large portion of its portfolio, and the necessary dividend reduction that came with it. However, at this point, there's good reason to believe that HCP's future is bright. Here are five reasons why HCP shareholders shouldn't worry about their investment.

HCP maintains a portfolio of about 800 properties concentrated in senior housing, medical office, and life science buildings. Since the 2016 spinoff of Quality Care Properties, or QCP, there are no skilled nursing assets in the portfolio, and 95% of the portfolio's revenue is derived from private-pay sources, which generally implies stability.

Image source: Getty Images.

Continue reading


Source: Fool.com