Welltower Inc 6.5% Cumulative Convertible Preferred Stock Series I (HCNpI)

Type: Cumulative CONV/PERP
Is Perpetual: Yes
Is Convertible into common: Yes – see below
Exchange: NYSE; Currency: USD;
Industry: Equity Real Estate Investment

Conversion Terms

Convertible Until: Unknown
Convertible by: The investor
Conversion Price: 57.544
Contingent on price of stock being greater than conversion price: No
Initial Premium: 20%
Convertible into: HCN
Conversion Ratio: 0.8689

Dividend and Yield Info

Coupon: 6.5%
Dividend Type: Regular Cash
Dividend: USD 0.8125. Dividend Frequency: Quarter
Ex Dividend: 3/29/2017. Dividend Pay Date: 4/17/2017

Issuance Info

Issued on: 3/1/2011
Par Value: USD 50
Shares Outstanding: 14,375,000
Ratings – Moody: Baa2 Fitch: BBB- S&P: BBB-

About Welltower Inc

Welltower, Inc. (formerly known as Health Care REIT, Inc.) is a real estate investment trust that primarily invests in assisted living facilities and other forms of housing and medical facilities for senior citizens. It also owns medical office buildings and facilities used by biotechnology companies and pharmaceutical companies . It ranked 746 on the Fortune 1000 in 2014., and is a component of the S&P 500.
Legal Name: Welltower Inc
Private Company: No
Website: www.welltower.com
Sector: Equity Real Estate Investment
Market Cap: 25B
P/E Ratio: 37
Address: 4500 Dorr Street
                  TOLEDO, OH 43615
                  UNITED STATES

Related Preferred Stocks:

None Found

Company News

stockdio: HCN%5EI
exchange: NYSENasdaq
translatesymbol1: HCN I
translatesymbol2: HCNpI