LTC Properties, Inc Declares A Monthly Cash Dividend on its Common Stock for the First Quarter of 2018, Payable on January 31, February 28 and March 30, 2018
January 02, 2018 at 09:30 am EST
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LTC Properties, Inc. announced that it had declared a monthly cash dividend on its common stock for the first quarter of 2018. The company declared a monthly cash dividend of $0.19 per common share per month for the months of January, February and March 2018, payable on January 31, February 28 and March 30, 2018, respectively, to stockholders of record on January 23, February 20 and March 22, 2018, respectively.
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.
LTC Properties, Inc Declares A Monthly Cash Dividend on its Common Stock for the First Quarter of 2018, Payable on January 31, February 28 and March 30, 2018