VENTURA COUNTY BUSINESS : VENTURA COUNTY DIGEST / BARBARA MURPHY : LTC Properties Declares Quarterly Cash Dividend
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LTC Properties Inc. in Oxnard has declared a cash dividend of 39 cents per share on its common stock for the quarter that will end Sept. 30.
The dividend will be paid Oct. 15 to stockholders of record on Sept. 30.
The company also declared a monthly cash dividend 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 for September. Those dividends will be paid on Oct. 15 to stockholders of record on Oct. 1.
The company is a real estate investment trust that invests primarily in long-term care and other health-care facilities through mortgage loans, facility lease transactions and other investments.
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