On Tuesday, Shares of HCP, Inc. (NYSE:HCP), dropped -0.60% and closed at $29.71 in the last trading session. The last trading range of the stock ranges between $29.27 and $29.84. The company’s Market capitalization is $14.25 Billion with the total Outstanding Shares of 467.97 million. THIRD QUARTER 2016 AND RECENT HIGHLIGHTS
— EPS and FFO per share were $0.32 and $0.65, respectively; FFO as adjusted was $0.72 per share
— Accomplished spin-off of Quality Care Properties, Inc. (“QCP”) (NYSE:QCP) on October 31, 2016; see separate press release dated October 31, 2016
— Reached definitive agreements to sell 64 communities triple-net leased to Brookdale Senior Living, Inc. (“Brookdale”) for $1.125 billion and declared other planned transactions, resulting in reduced tenant concentration and improved lease coverage; see separate press release dated November 1, 2016
— Anticipate using proceeds from QCP financing and Brookdale asset sales to deleverage
Valero Energy Corporation (NYSE:VLO), subtract -0.51% and closed at $58.22 in the last trading session. The last trading range of the stock ranges between $57.57 and $58.62. The company’s Market capitalization is $27.16 Billion with the total Outstanding Shares of 461.34 million. The Board of Directors of Valero Energy Corporation (VLO) (“Valero”) has declared a regular quarterly cash dividend on the company’s common stock of $0.60 per share. The dividend is payable on December 15, 2016 to holders of record at the close of business on November 22, 2016.