11-08-2016, 01:42 AM
I had HCP in my wife's portfolio. Sold it a few months ago and replaced it with HCN. Just couldn't leave it in her portfolio with all the associated risks after the few other mistakes I made in her portfolio.
Now that HCP has cut the dividend and jettisoned the ManorCare, things may start to look up in the near future. As for QCP, they're saddled with ManorCare and all its troubles.
If it were me, I'd dump the QCP shares and either put them back into HCP or sell the whole echilada and put it into another healthcare REIT for now. Once HCP gets a new CEO, it may be time to take another look.
Now that HCP has cut the dividend and jettisoned the ManorCare, things may start to look up in the near future. As for QCP, they're saddled with ManorCare and all its troubles.
If it were me, I'd dump the QCP shares and either put them back into HCP or sell the whole echilada and put it into another healthcare REIT for now. Once HCP gets a new CEO, it may be time to take another look.