LTC Properties announces monthly dividend of 18 cents per share
Westlake Village-based LTC Properties has declared a monthly cash dividend on its common stock for the third quarter of 2016.
The dividend will be 18 cents per common share per month for July, August and September 2016, payable on July 29, Aug. 31 and Sept. 30, 2016, respectively, to stockholders of record on July 21, August 23 and September 22, 2016, respectively.
LTC is a real estate investment trust that invests in senior housing and health care properties. The company’s portfolio currently includes more than 220 assisted living communities, memory care communities and post-acute/skilled nursing centers in 30 states.
• Contact Glenn Rabinowitz at grabinowitz@pacbiztimescom.