LTC Properties : Declares Its Monthly Common Stock Cash Dividend for the First Quarter of 2015
January 02, 2015 at 09:31 am EST
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LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a
monthly cash dividend on its common stock for the first quarter of 2015.
The Company declared a monthly cash dividend of $0.17 per common share
per month for the months of January, February and March 2015, payable on
January 30, February 27 and March 31, 2015, respectively, to
stockholders of record on January 22, February 19 and March 23, 2015,
respectively
LTC is a self-administered real estate investment trust that primarily
invests in senior housing and health care properties through triple-net
lease transactions, mortgage loans and other investments. For more
information on LTC Properties, Inc., visit the Company’s website at www.LTCreit.com.
LTC Properties, Inc. is a real estate investment trust (REIT). The Company invests in seniors housing and health care properties through sale-leasebacks, mortgage financing, joint ventures, construction financing and structured finance solutions including preferred equity, and mezzanine lending. It invests in various properties, including skilled nursing centers (SNF), which provides restorative, rehabilitative and nursing care; Assisted living facilities (ALF), which serves people who require assistance with activities of daily living; Independent living facilities (ILF), also known as retirement communities or senior apartments, offers a community and numerous levels of service, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural and recreational activities, on-site security, and others, and Memory care facilities (MC), offers specialized options for people with Alzheimerâs disease and other forms of dementia.