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Exhibit 99.1
F O R I M M E D I A T E R E L E A S E
April 18, 2000
For more information contact:
Erin Ibele - (419) 247-2800
Ed Lange - (419) 247-2800
HEALTH CARE REIT, INC. ANNOUNCES
INCREASE IN QUARTERLY DIVIDEND
Toledo, Ohio, April 18, 2000...HEALTH CARE REIT, INC. (NYSE/HCN) announced today
that the Board of Directors voted to declare a dividend for the quarter ended
March 31, 2000 of $0.585 per share as compared to $0.565 per share for the same
period in 1999.
The dividend is a one-half cent increase from the dividend paid for the fourth
quarter of 1999 and represents the 116th consecutive dividend payment. The
dividend will be payable May 22, 2000 to shareholders of record on May 2, 2000.
Health Care REIT, Inc., with headquarters in Toledo, Ohio, is a real estate
investment trust which invests in health care facilities, primarily nursing
homes and assisted living facilities. At March 31, 2000, the company had
investments in 235 health care facilities in 33 states and had total assets of
approximately $1.3 billion.
For more information on Health Care REIT, Inc., via facsimile at no cost,
dial 1-800-PRO-INFO and enter the company code - HCN,
or visit the company's website at www.hcreit.com
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