LTC Properties to Offer Dividends on Series A, B

LTC Properties in Oxnard has declared monthly cash dividends of 19.79 cents per share on its 9.5% Series A Cumulative Preferred Stock and 18.75 cents per share on the 9% Series B Cumulative Preferred Stock.

The dividends will be paid on May 15, June 15 and July 17 to stockholders of record on the first day of those months.

LTC Properties is a real estate investment trust that focuses primarily in long-term care and other health-care facilities through mortgage loans, lease transactions and other investments.