LTC Properties Announces Monthly Cash Dividends
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LTC Properties Inc. in Oxnard has declared monthly cash dividends for November and December of 19.79 cents per share on its 9.5% Series A cumulative preferred stock, and 18.75 cents per share on the 9% Series B preferred stock.
The November dividends are payable Dec. 15 to stockholders of record on Dec. 1. The December dividends will be paid Jan. 15 to stockholders of record on Jan. 1.
The company is a real estate investment trust that focuses primarily on facilities that provide long-term care and other health care through mortgage loans, facility-lease transactions and other investments.
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