LTC Properties, Inc. Declares Monthly Common Stock Cash Dividend for the Fourth Quarter of 2023, Payable on October 31, November 30 and December 29, 2023, Respectively
October 02, 2023 at 09:30 am EDT
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LTC Properties Inc. announced that it had declared a monthly cash dividend on its common stock for the fourth quarter of 2023. The Company declared a monthly cash dividend of $0.19 per common share per month for the months of October, November and December 2023, payable on October 31, November 30 and December 29, 2023, respectively, to stockholders of record on October 23, November 22 and December 21, 2023, respectively.
LTC Properties, Inc. is a real estate investment trust (REIT). The Company invests in seniors housing and health care properties through sale-leasebacks, mortgage financing, joint ventures, construction financing and structured finance solutions including preferred equity, and mezzanine lending. It invests in various properties, including skilled nursing centers (SNF), which provides restorative, rehabilitative and nursing care; Assisted living facilities (ALF), which serves people who require assistance with activities of daily living; Independent living facilities (ILF), also known as retirement communities or senior apartments, offers a community and numerous levels of service, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural and recreational activities, on-site security, and others, and Memory care facilities (MC), offers specialized options for people with Alzheimerâs disease and other forms of dementia.
LTC Properties, Inc. Declares Monthly Common Stock Cash Dividend for the Fourth Quarter of 2023, Payable on October 31, November 30 and December 29, 2023, Respectively