Oct 13 (Reuters) - Hcp Inc
* board of directors approves spin-off of Quality Care Properties, Inc.
* spin-off to be effected through pro rata distribution of shares of QCP to HCP's stockholders of record as of close of business on october 24
* following spin-off, HCP will continue to be listed on new york stock exchange under symbol "HCP"
* each HCP stockholder will receive one share of QCP common stock for every five shares of HCP common stock held on record date
* following spin-off, QCP will list its common stock on nyse under symbol "QCP." Source text for Eikon: Further company coverage: