Health Care Property Investors Inc.: The Newport...
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Health Care Property Investors Inc.: The Newport Beach health-care real-estate investment trust said net income for the first quarter totaled $19.8 million, or 39 cents a share, which included a write-down of $1.6 million of a facility to be sold. Net income for the first quarter of 2000 was $23.2 million, or 45 cents a share. Revenue was down slightly to $78.4 million from $78.5 million.
The company also said it boosted its quarterly dividend by a penny to 77 cents a share, payable May 18 to shareholders of record May 3.
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