Welltower Inc. Declares Common Stock and Series I Preferred Stock Dividends and Announces 2018 Common Stock Cash Dividend Rate

TOLEDO, Ohio, Jan. 31, 2018 /PRNewswire/ -- Welltower Inc. HCN announced today that its Board of Directors declared a common stock cash dividend for the quarter ended December 31, 2017 of $0.87 per share. The dividend will be the company's 187th consecutive quarterly payment, payable February 21, 2018, to stockholders of record on February 13, 2018. The Board of Directors also approved a 2018 quarterly cash dividend rate of $0.87 per share ($3.48 per share annually), commencing with the February 2018 dividend payment.  The declaration and payment of quarterly dividends remains subject to review by and approval of the Board of Directors.

The Board also declared a quarterly cash dividend on the Series I Cumulative Convertible Perpetual Preferred Stock of $0.8125 per share, payable April 16, 2018, to stockholders of record on March 30, 2018.

About Welltower

Welltower Inc. HCN, an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.  Welltower™, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties. More information is available at www.welltower.com.

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SOURCE Welltower Inc.