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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

LTC Declares Its Monthly Common Stock Cash Dividend for the First Quarter of 2021

January 4, 2021 GMT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Jan 4, 2021--

LTC Properties, Inc. (NYSE: LTC) announced today that it had declared a monthly cash dividend on its common stock for the first quarter of 2021.

The Company declared a monthly cash dividend of $0.19 per common share per month for the months of January, February and March 2021, payable on January 29, February 26 and March 31, 2021, respectively, to stockholders of record on January 21, February 18 and March 23, 2021, respectively.

About LTC Properties

LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 181 investments in 27 states with 29 operating partners. The portfolio is comprised of investments of approximately 50% seniors housing and 50% skilled nursing properties. Learn more at www.LTCreit.com.

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This press release includes statements that are not purely historical and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the Company’s expectations, beliefs, intentions or strategies regarding the future. All statements other than historical facts contained in this press release are forward looking statements. These forward-looking statements involve a number of risks and uncertainties. All forward looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such forward looking statements. Although the Company’s management believes that the assumptions and expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. The actual results achieved by the Company may differ materially from any forward-looking statements due to the risks and uncertainties of such statements.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20210104005030/en/

CONTACT: Wendy Simpson

Pam Kessler

(805) 981-8655

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES HEALTH RESIDENTIAL BUILDING & REAL ESTATE OTHER HEALTH FINANCE CONSTRUCTION & PROPERTY

SOURCE: LTC Properties, Inc.

Copyright Business Wire 2020.

PUB: 01/04/2021 09:30 AM/DISC: 01/04/2021 09:30 AM

http://www.businesswire.com/news/home/20210104005030/en