LTC Properties Declares 1st-Quarter Dividend

LTC Properties of Oxnard has declared a first-quarter cash dividend of 31.5 cents per share on its outstanding common stock.

The dividend is payable April 15 to stockholders of record March 31.

The company is a real estate investment trust that invests in long-term care and other health-care-related facilities through mortgage loans, facility lease transactions and other investments.