NHP Authorizes Prorated Dividend of $0.48 in Connection With the Merger With Ventas

Nationwide Health Properties, Inc. NHP announced today that its Board of Directors has authorized a prorated dividend on NHP's common stock in connection with the completion of its pending merger with Ventas, Inc. The dividend will be payable in cash to stockholders of record at the close of business on the last business day prior to the anticipated effective date of the merger. The per share dividend amount payable by NHP will be equal to the company's most recent quarterly dividend rate ($0.48), multiplied by the number of days elapsed since NHP's last dividend record date (May 20, 2011) through and including the day immediately prior to the anticipated effective date of the merger, divided by the actual number of days in the calendar quarter in which such dividend is authorized .
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