NEW YORK, Dec. 30, 2014 /PRNewswire/ -- American
Realty Capital Healthcare Trust, Inc. ("ARC Healthcare")
(NASDAQ: HCT) announced today that, pursuant to the prior
authorization of its board of directors, on January 15, 2015, ARC Healthcare will pay a
distribution of $0.056666667 per
share to stockholders of record at the close of business on
January 8, 2015.
In addition, pursuant to the merger agreement between ARC
Healthcare, Ventas, Inc. ("Ventas") and certain related parties,
ARC Healthcare agreed to pay a "stub period" dividend to its
stockholders for the period from the most recent common stock
dividend record date through the last business day prior to the
closing of the merger between ARC Healthcare and Ventas, which
remains subject to the closing conditions set forth in the merger
agreement, including the approval of ARC Healthcare's stockholders.
The "stub period" dividend will reflect a fraction of ARC
Healthcare's monthly common stock dividend by dividing the amount
of days elapsed since the last common stock dividend record date,
January 8, 2015, through the last
business day prior to the closing of the merger, divided by the
amount of days in the month in which the "stub period" dividend
will be paid. Such "stub period" dividend will be paid on the last
business day prior to the closing of the merger to stockholders of
record at the close of business on such date.
About ARC Healthcare
ARC Healthcare is a publicly traded Maryland corporation listed on The NASDAQ
Global Select Market, focused on acquiring and owning a balanced
and diversified portfolio of medical office buildings, seniors
housing and select hospital and post-acute care properties.
Additional information about ARC Healthcare can be found on its
website at www.archealthcaretrust.com. ARC Healthcare may
disseminate important information regarding it and its operations,
including financial information, through social media platforms
such as Twitter, Facebook and LinkedIn.
Forward Looking Statements
The statements in this press release that are not historical
facts may be forward-looking statements. These forward-looking
statements involve risks and uncertainties that could cause the
outcome to be materially different. In addition, words such as
"will," "should," "may," "anticipate," "believe," "expect" and
"intend" indicate a forward-looking statement, although not all
forward-looking statements include these words. Actual results may
differ materially from those contemplated by such forward-looking
statements, including those set forth in the Risk Factors section
of ARC Healthcare's Annual Report on Form 10-K filed on
February 26, 2014. Further,
forward-looking statements speak only as of the date they are made,
and ARC Healthcare undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results over time, unless required by law.
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SOURCE American Realty Capital Healthcare Trust, Inc.