LTC Declares Its Monthly Common Stock Cash Dividend for the Second Quarter Of 2022
April 01 2022 - 9:30AM
Business Wire
LTC Properties, Inc. (NYSE:LTC) announced today that it had
declared a monthly cash dividend on its common stock for the second
quarter of 2022.
The Company declared a monthly cash dividend of $0.19 per common
share per month for the months of April, May and June 2022, payable
on April 29, May 31 and June 30, 2022, respectively, to
stockholders of record on April 21, May 23 and June 22, 2022,
respectively.
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 198 properties in 29 states
with 36 operating partners consisting of real property investments,
first mortgages, mezzanine loans, working capital notes and
unconsolidated joint ventures. Based on its gross investments,
LTC’s investment portfolio is comprised of approximately 50%
seniors housing and 50% skilled nursing properties. Learn more at
www.LTCreit.com.
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. All forward looking statements
included in this press release are based on information available
to the Company on the date hereof, and the Company 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/20220401005029/en/
Wendy L. Simpson Pam Kessler (805) 981-8655
LTC Properties (NYSE:LTC)
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