Oxnard Company Offers New Investment Options
Compiled by Jack Searles
LTC Properties Inc., an Oxnard-based real estate investment trust, is offering investors a plan that allows automatic dividend reinvestment and also regularly scheduled stock purchases.
Besides using cash dividends to buy additional common shares, the plan allows shareholders to buy shares on a set monthly schedule for cash.
The plan is being administered by Harris Trust and Savings Bank of Chicago, the REIT’s transfer agent.
LTC invests in nursing homes and other health-related facilities through mortgage loans, leases and other transactions.
