LTC Properties Stock Paying Dividends
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LTC Properties Inc. in Oxnard has declared a fourth-quarter cash dividend of 36.5 cents per share on its outstanding common stock.
The dividend is payable Dec. 31 to stockholders of record on Dec. 15.
In addition, the company announced that its board of directors has declared a monthly cash dividend of 19.79 cents per share on the 9.5% Series A Cumulative Preferred Stock. The dividend is payable on Jan. 15, 1998, to stockholders of record on Jan. 1.
The company is a real estate investment trust that focuses on long-term care and other health-care facilities through mortgage loans, facility lease transactions and other investments.
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