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In addition, NHP's Board of Directors declared cash dividends of $1.9375per share on its Series B cumulative convertible preferred stock. The SeriesB dividend will be paid on June 30, 2008 to stockholders of record on June 15,2008.
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Nationwide Health Properties, Inc. is a real estate investment trust thatinvests in health care facilities and has investments in 555 facilities in43 states. For more information on Nationwide Health Properties, Inc., visitthe Company's website at http://www.nhp-reit.com.
Certain information contained in this news release includesforward-looking statements. Forward-looking statements include statementsregarding our expectations, beliefs, intentions, plans, objectives, goals,strategies, future events or performance and underlying assumptions and otherstatements which are not statements of historical facts. These statements maybe identified, without limitation, by the use of forward-looking terminologysuch as "may," "will," "anticipates," "expects," "believes," "intends,""should" or comparable terms or the negative thereof. All forward-lookingstatements included in this news release are based on information available tous on the date hereof. These statements speak only as of the date hereof, andwe assume no obligation to update such forward-looking statements for anyreason or to update the reasons actual results could differ materially fromthose anticipated in these forward-looking statements, even if new informationbecomes available in the future. These statements involve risks anduncertainties that could cause actual results to differ materially from thosedescribed in the statements. These risks and uncertainties include (withoutlimitation) the following: deterioration in the operating results orfinancial condition, including bankruptcies, of our tenants; non-payment orlate payment of rent by our tenants; our reliance on two operators for asignificant percentage of our revenues; occupancy levels at certainfacilities; our level of indebtedness; changes in the ratings of our debtsecurities; access to the capital markets and the cost of capital; governmentregulations, including changes in the reimbursement levels under the Medicareand Medicaid programs; the general distress of the healthcare industry;increasing competition in our business sector; the effect of economic andmarket conditions and changes in interest rates; the amount and yield of anyadditional investments; our ability to meet acquisition goals; the ability ofour operators to repay deferred rent or loans in future periods; the abilityof our operators to obtain and maintain adequate liability and otherinsurance; our ability to attract new operators for certain facilities; ourability to sell certain facilities for their book value; our ability to retainkey personnel; potential liability under environmental laws; the possibilitythat we could be required to repurchase some of our medium-term notes; therights and influence of holders of our outstanding preferred stock; changes inor inadvertent violations of tax laws and regulations and other factors thatcan affect real estate investment trusts and our status as a real estateinvestment trust; and the risk factors described in our most recent annualreport on Form 10-K and any subsequent quarterly reports on Form 10-Q filedwith the SEC.CONTACT: Abdo H. Khoury Chief Financial and Portfolio Officer (949) 718-4400
SOURCE Nationwide Health Properties, Inc.
