Yesterday HCP Inc. announced a quarterly dividend increase of from $0.565 to $0.575 per share that’s payable February 23, 2016 to holders of record February 8, 2016. This represents a 1.77% increase to regular quarterly dividends and this is the 31st consecutive year that HCP has increased its dividend per share. With current price $35.00 (yesterday's close), this raise brings their dividend yield to 6.57%.
Since I own 100 shares this will increase my yearly net dividends by $2.98.
That increase rises my YOC to 5.83%
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You can follow the development of my dividends here.