LTC Properties, Inc. (NYSE: LTC) Chairman & CEO Wendy Simpson Interviewed by Advisor Access
03 Dezember 2024 - 7:30PM
Advisor Access spoke at length with Wendy Simpson, Chairman &
CEO
Advisor Access: For readers
unfamiliar with LTC Properties, would you share an overview of the
REIT?
Wendy Simpson: LTC has been a trusted investor
in needs-based seniors housing and care for more than 30 years.
Over that time, we’ve developed deep expertise, allowing us to
successfully navigate various real estate cycles and adapt to
changing market conditions.
Our portfolio is diverse, with investments in 191 properties
across 25 states…
AA: What drove your improved
performance for the third quarter?
WS: We have been working diligently to
streamline our portfolio, which is a key part of our broader
strategy to strengthen our business for the long-term…
AA: What is LTC's current growth
strategy?
WS: Thanks to our efforts to strengthen our
balance sheet, we are in a strong position to focus on growth…
In the third quarter, we originated a $26.1 million mortgage
loan for the construction of a seniors housing community in
Illinois…
Click Here to View the Corporate Website
AA: LTC was able to maintain payment of
monthly dividends throughout the pandemic when most healthcare
REITs cut theirs. In fact, the company has a record of 235
consecutive monthly dividend payments. What sets LTC apart that
makes this possible?
WS: We are extremely proud of our record of 235
consecutive monthly dividend payments…
With a current yield of nearly 6%, our dividend provides a
strong return for all investors, particularly retirees on fixed
incomes…
AA: Can you talk about the latest
trends in the seniors housing industry?
WS: The seniors housing industry has seen a
resurgence over the last several years. Occupancy rates have
improved consistently, with the third quarter of 2024 marking the
13th consecutive quarter of increases…
Click here to read the complete answers to these questions,
financial disclosures and more about LTC Properties online
ABOUT ADVISOR ACCESS
Advisor-Access LLC was designed to bring compelling investment
ideas to investors in the form of in-depth interviews with company
management and the latest fact sheets and corporate presentations,
in a concise format: the critical pieces of information an investor
needs to make an informed investment decision. Read
the Advisor-Access Full Disclosure Online.
Advisor Access
Rick Baggelaar
Rick@advisor-access.com
LTC Properties (NYSE:LTC)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
LTC Properties (NYSE:LTC)
Historical Stock Chart
Von Dez 2023 bis Dez 2024