LTC Properties Declares Dividend on Preferred
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The board of directors of LTC Properties Inc. in Oxnard has declared a monthly cash dividend of 19.79 cents per share on the 9.5% Series A Cumulative Preferred Stock.
The dividends will be paid June 16 and July 15 to stockholders of record June 1 and July 1, respectively.
The company is a self-admini- stered real estate investment trust organized to invest in long-term care and other health care-related facilities through mortgage loans, facility lease transactions and other investments.