LTC Announces a 3.6% Increase in and Declares Its Monthly Common Stock Cash Dividend for the First Quarter of 2012
January 03 2012 - 9:30AM
Business Wire
LTC Properties, Inc. (NYSE:LTC) announced today that it had
increased its monthly cash dividend on its common stock to $0.145
per month for the first quarter of 2012, approximately a 3.6%
increase from the previous $0.14 per month.
The Company declared a monthly cash dividend of $0.145 per
common share per month for the months of January, February and
March 2012, payable on January 31, February 29 and March 30, 2012,
respectively, to stockholders of record on January 23, February 21
and March 22, 2012, respectively.
The Company is a self-administered real estate investment trust
that primarily invests in long-term care and other health care
related facilities through mortgage loans, facility lease
transactions and other investments. For more information on LTC
Properties, Inc., visit the Company’s website at www.ltcproperties.com.
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