Nationwide Health Properties Names New Chairman and Declares Dividend

Nationwide Health Properties, Inc. (NYSE: NHP) announced yesterday that NHP’s NHP Board of Directors elected Douglas M. Pasquale as Chairman of the Board and Robert D. Paulson as Lead Independent Director. Both Mr. Pasquale and Mr. Paulson are currently directors and will take effect prior to this year’s Annual Meeting of Stockholders. Mr. Pasquale will succeed Charles D. Miller, who will remain a director.

The company also disclosed that the Board of Directors declared a $0.44 per share dividend on our common stock that will be paid in cash on March 6, 2009 to shareholders of record on February 13, 2009 and declared that a $1.9375 per share dividend will be paid in cash to its Series B cumulative convertible preferred stock.

For more information on the new chairman, click here.


For the full details of the dividend declaration, click here.