LTC Properties (LTC) Raises Monthly Dividend 5.6% to $0.190; 4.4% Yield
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LTC Announces a 5.56% Increase In and Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2016
October 3, 2016 9:30 AM EDTWESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- LTC Properties, Inc. (NYSE: LTC) announced today that it increased its monthly cash dividend on its common stock to $0.190 per share for the fourth quarter of 2016, approximately a 5.56% increase from the previous $0.18 per share.
The Company declared a monthly cash dividend of $0.190 per common share per month for the months of October, November and December 2016, payable on October 31, November 30 and December 30, 2016, respectively, to stockholders of record on October 21, November 22 and December 22, 2016, respectively.
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