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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (25912)	11/7/2016 1:47:43 PM
From: robert b furman	1 Recommendation Recommended By Bocor Read Replies (2) \| Respond to of 34328

I watched VTR as their management saw the billing choke holds on SNF coming much sooner than HCP. So i was watching the VTR spinoff of CCP and wanting to apply the same plan to HCP. I like HCP's properties and leasors - they are high end and high margin. The SNF was a bad move that caught up with them (being blinded to the sea change of government reimbursements) That cost Lauralee Martin and her CFO their jobs. I think HCP is top end and very much like their properties - but this dividend reduction (I expect) and spin off will be brutal as they have been an Aristocrat so long that the reduction will force a huge wave of selling. There are a lot of retirees who don't watch that closely and the reduction will pull an immediate knee jerk sell response . I want to get back into the new HCP in an opportunistic way - the sell of always goes too far. Won't pull a trigger till the new dividend rate is confirmed. When /if the yield on the price coughs up 6.25 - 6.5 yield - I'll start a new position. This will be a very humbling adjustment that HCP will make. They have the assets and know people that can minimize the pain of the transition - that's why I want back into the stock, but not the spinoff (even if it does dip another 10% as it did in the VTR spin off. Bob