Oxnard’s LTC Properties Declares Dividend

LTC Properties Inc. in Oxnard has declared a fourth-quarter 1996 cash dividend of 34 cents per share on its outstanding common stock.

The dividend is payable on Jan. 27 to stockholders of record on Dec. 31.

The company is a 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.