LTC Announces a 9.7% Increase in and Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2013
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- LTC Properties, Inc. (NYSE:LTC) announced today that it increased its monthly cash dividend on its common stock to $0.17 per share for the fourth quarter of 2013, approximately a 9.7% increase from the previous $0.155 per share.
The Company declared a monthly cash dividend of $0.17 per share per month for the months of October, November and December 2013, payable on October 31, November 29 and December 31, 2013, respectively, to stockholders of record on October 23, November 21 and December 23, 2013, 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 facility lease transactions, mortgage loans, and other investments. For more information on LTC Properties, Inc., visit the Company’s website at www.LTCProperties.com.
LTC Properties, Inc.
Wendy L. Simpson
Pam Kessler
(805)
981-8655
Source: LTC Properties, Inc.
Released October 1, 2013