Health Care REIT Series I Cumulative Convertible Perpetual Preferred Stock Goes Ex-Dividend Soon

On 12/29/14, Health Care REIT Inc.'s 6.50% Series I Cumulative Convertible Perpetual Preferred Stock (NYSE: HCN.PRI) will trade ex-dividend, for its quarterly dividend of $0.8125, payable on 1/15/15. As a percentage of HCN.PRI's recent share price of $67.50, this dividend works out to approximately 1.20%, so look for shares of HCN.PRI to trade 1.20% lower — all else being equal — when HCN.PRI shares open for trading on 12/29/14. On an annualized basis, the current yield is approximately 4.83...