HCP, Inc. (NYSE:HCP) raises annual dividiend 3.7% to $2.26 per share; Terreno Realty Corp. (NYSE:TRNO), StanCorp Financial Group Inc. (NYSE:SFG)

HCP, Inc. (NYSE:HCP) raises annual dividiend 3.7% to $2.26 per share. HCP announced that its board declared an increased quarterly cash dividend of 56.5c per share on its common stock, compared with 54.5c per share in the previous quarter. The annualized rate of distribution per share for FY15 is $2.26, compared with $2.18 for FY14, which represents a 3.7% increase. The quarterly cash dividend will be paid on February 24 to stockholders of record as of the close of business on February 9. HCP is part of the financial sector in REIT - Healthcare Facilities industry. The stock closed for the day at $47.95 with a change of $0.07 or 0.15%. HCP traded in a range of $47.65 to $48.22   through the day. The stock’s 52 week range is $36.00 to $49.61.

 

Terreno Realty Corp. (NYSE:TRNO) acquires D.C. property for $115.5M. Terreno Realty Corporation acquired an industrial property located in Washington, D.C. for a purchase price of approximately $115.5M. The property consists of six front-load distribution buildings containing approximately 820,000 square feet on 28.2 acres one block from New York Avenue/Route 50 in the northeastern section of the District of Columbia. The property is at 3015-3535 V Street, provides 102 dock-high and eight grade-level loading positions, parking for 470 cars and is 87% leased to 22 tenants. The estimated stabilized cap rate of the property is 5.8%. The closing for TRNO was $23.36 at the day’s end. It was a change of $0.01. TRNO saw a market cap of $769.41M and its Trailing P/E was 80.83.

 

StanCorp Financial Group Inc. (NYSE:SFG) sees FY15 EPS ex-items in line with 2014. For 2015 the company expects net income per diluted share, excluding after-tax net capital gains and losses, and net income return on average equity, excluding after-tax net capital gains and losses from net income and AOCI from equity, to be in line with 2014. Consensus $5.57. SFG closed for the day at $64.49 with a change of $0.25.Trailing 12 month’s profit margin for SFG is 8.17% and for the same period, its operating margin is 12.14%.