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Last $44.18 USD
Change Today +0.31 / 0.71%
Volume 193.7K
LTC On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

ltc properties inc (LTC) Snapshot

Open
$43.88
Previous Close
$43.87
Day High
$44.21
Day Low
$43.85
52 Week High
01/28/15 - $48.85
52 Week Low
10/1/14 - $36.74
Market Cap
1.6B
Average Volume 10 Days
145.5K
EPS TTM
$2.00
Shares Outstanding
35.5M
EX-Date
08/19/15
P/E TM
22.1x
Dividend
$2.04
Dividend Yield
4.62%
Current Stock Chart for LTC PROPERTIES INC (LTC)

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ltc properties inc (LTC) Details

LTC Properties, Inc. operates as a health care real estate investment trust (REIT) in the United States. It invests in senior housing and long term healthcare properties, including skilled nursing properties, assisted living properties, independent living properties, and combinations through mortgage loans, property lease transactions, and other investments. Its portfolio consists of 89 skilled nursing properties, 102 assisted living properties, 14 other senior housing properties, 2 schools, and a parcel of land under development. As a REIT, the company would not be subject to federal income tax, if it distributes at least 90% of net taxable income to its stockholders. LTC Properties, Inc. was founded in 1992 and is based in Westlake Village, California.

19 Employees
Last Reported Date: 02/26/15
Founded in 1992

ltc properties inc (LTC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $610.5K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $365.8K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $365.8K
Senior Vice President of Investment & Portfol...
Total Annual Compensation: $335.8K
Senior Vice President, Treasurer and Controll...
Total Annual Compensation: $233.3K
Compensation as of Fiscal Year 2014.

ltc properties inc (LTC) Key Developments

LTC Declares July, August and September 2015 Dividend for the Third Quarter of 2015, Payable on July 31, August 31 and September 30, 2015, Respectively

LTC Properties Inc. announced that it had declared a monthly cash dividend on its common stock for the third quarter of 2015. The Company declared a monthly cash dividend of $0.17 per common share per month for the months of July, August and September 2015, payable on July 31, August 31 and September 30, 2015, respectively, to stockholders of record on July 23, August 21 and September 22, 2015, respectively.

LTC Properties, Inc. Acquires Chicago Metro Area Land Parcel

LTC Properties Inc. announced that it has acquired approximately 3.5 acres of land in Tinley Park, Illinois for approximately $700,000. The company also made a development commitment to fund the construction of a 66-unit memory care community on the newly acquired parcel in an amount not to exceed $11.2 million. The new project is scheduled to open in the summer 2016. The land parcel was added to an existing 10-year master lease with an affiliate of Anthem Memory Care. The Tinley Park community is one of two projects under development in the Chicago metro area with Anthem. The other is a 66-unit memory care community in Burr Ridge that is expected to open in the fourth quarter of 2015. Additionally, Anthem and LTC have a parcel of land currently under contract in Glenview, also located in the Chicago metro area, on which development of a memory care community is scheduled to commence later this year subject to completion of due diligence. The Glenview project will bring to seven the number of private-pay, memory care development projects with Anthem, four of which are operational.

LTC Properties Inc. Announces Restatement to its Bylaws

On June 2, 2015, the Board of Directors of the LTC Properties Inc. has restated the bylaws of the company. The bylaws, as restated, consolidate the amendment previously adopted on February 10, 2015 without any substantive changes.

 

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LTC Competitors

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Company Last Change
Healthcare Realty Trust Inc $24.32 USD +0.28
Medical Properties Trust Inc $13.71 USD +0.04
National Health Investors Inc $65.60 USD +0.35
Sabra Health Care REIT Inc $27.24 USD -0.11
Universal Health Realty Income Trust $49.32 USD +0.35
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