LTC Declares Its Monthly Common Stock Cash Dividend for the Third Quarter of 2024
01 Juli 2024 - 3:30PM
Business Wire
LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”)
announced today that it had declared a monthly cash dividend of
$0.19 per common share per month for the third quarter of 2024.
Distribution dates are outlined in the table below.
Record Date
Payment Date
Amount
July 23, 2024
July 31, 2024
$0.19 per common share
August 22, 2024
August 30, 2024
$0.19 per common share
September 20, 2024
September 30, 2024
$0.19 per common share
About LTC Properties
LTC is a real estate investment trust (REIT) investing in
seniors housing and health care properties primarily through
sale-leasebacks, mortgage financing, joint-ventures and structured
finance solutions including preferred equity and mezzanine lending.
LTC’s investment portfolio includes 194 properties in 26 states
with 32 operating partners. Based on its gross real estate
investments, LTC’s investment portfolio is comprised of
approximately 50% seniors housing and 50% skilled nursing
properties. Learn more at www.LTCreit.com.
Forward Looking Statements
This press release includes statements that are not purely
historical and are “forward-looking statements” within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended,
including statements regarding the Company’s expectations, beliefs,
intentions or strategies regarding the future. All statements other
than historical facts contained in this press release are
forward-looking statements. These forward-looking statements
involve a number of risks and uncertainties. Please see LTC’s most
recent Annual Report on Form 10-K, its subsequent Quarterly Reports
on Form 10-Q, and its other publicly available filings with the
Securities and Exchange Commission for a discussion of these and
other risks and uncertainties. All forward-looking statements
included in this press release are based on information available
to the Company on the date hereof, and LTC assumes no obligation to
update such forward-looking statements. Although the Company’s
management believes that the assumptions and expectations reflected
in such forward-looking statements are reasonable, no assurance can
be given that such expectations will prove to have been correct.
The actual results achieved by the Company may differ materially
from any forward-looking statements due to the risks and
uncertainties of such statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240701258470/en/
Mandi Hogan (805) 981-8655
LTC Properties (NYSE:LTC)
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