LTC Properties Declares Dividend on Stock

LTC Properties in Oxnard has declared a cash dividend of 13.85 cents per share on its Series A preferred stock.

The dividend, which will be paid April 15, represents a partial period from March 10 to 31 and will be payable to stockholders of record on April 1.

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