LTC to Pay Quarterly Cash Dividend

LTC Properties in Oxnard has declared a quarterly cash dividend of 39 cents per share on its common stock for the quarter that will end March 31.

The cash dividend will be payable March 31 to stockholders of record on March 15.

The company also declared monthly cash dividends of 19.79 cents per share on the 9.5% Series A Cumulative Preferred Stock and 18.75 cents per share on the 9% Series B Preferred Stock for January, February and March. The dividends are payable Feb. 15, March 15 and April 15 to stockholders of record on the first day of each of those months.

LTC is a self-administered real estate investment trust that specializes in long-term care and other health-care-related facilities through mortgage loans, facility lease transactions and other investments.