NEWPORT BEACH, CA/PRNewswire-FirstCall/ -- Nationwide Health Properties, Inc. (NYSE:NHP) has announced results of operations for the fourth quarter and the year ended December 31, 2008.Contemporaneously with this press release, the Company has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2008 with the Securities and Exchange Commission.
"In 2008, we continued our track record of growth, diversification and balance sheet strength, delivering a strong performance against commonly-used metrics," commented Douglas M. Pasquale, (top right photo) NHP's President and Chief Executive Officer.
"Our disciplined approach to acquisitions and balance sheet management has resulted in conservative leverage, an excellent fixed charge coverage and ample liquidity.
" Given the strength of our balance sheet and modest capital commitments, we believe we have positioned ourselves well to capitalize on strategic opportunities as they arise. Our total shareholder return, diluted FAD dividend payout ratio and coverage remain among the strongest in the entire REIT universe," Mr. Pasquale added.
For a complete copy of the company's news release and its financials, please contact:
Abdo H. Khoury, Chief Financial and Portfolio Officer of Nationwide Health Properties, Inc., +1-949-718-4400. Web Site: http://www.nhp-reit.com/
No comments:
Post a Comment