LTC Announces a 6.9% Increase in and Declares Its Monthly Common Stock Cash Dividend for the Months of August and September 2012
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- LTC Properties, Inc. (NYSE:LTC) announced today that it increased its monthly cash dividend on its common stock to $0.155 per share for the months of August and September 2012, approximately a 6.9% increase from the previous $0.145 per share and a 10.7% increase over the same months of the prior year.
The Company declared a monthly cash dividend of $0.155 per share per month for the months of August and September 2012, payable on August 31 and September 28, 2012, respectively, to stockholders of record on August 23 and September 20, 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 Companys website at www.ltcproperties.com.
LTC Properties, Inc.
Wendy L. Simpson
Source: LTC Properties, Inc.Copyright Business Wire 2012