Ventas Declares Prorated Dividend in Connection with Acquisition of Nationwide Health Properties

Ventas, Inc. VTR announced today that its Board of Directors has declared a prorated dividend on the Company's common stock, conditioned upon the completion of its pending acquisition of Nationwide Health Properties, Inc. NHP pursuant to a merger of NHP with and into a wholly owned subsidiary of Ventas. The dividend will be payable in cash to stockholders of record at the close of business on the last business day prior to the date on which the Merger becomes effective. The per share dividend amount payable by Ventas will be equal to the Company's most recent quarterly dividend rate ($0.575), multiplied by the number of days elapsed since the Company's last dividend record date (June 10, 2011) through and including the day immediately prior to the day on which the Effective Time occurs, divided by the actual number of days in the calendar quarter in which such dividend is declared (91).