LTC Properties (LTC) Scheduled to Post Quarterly Earnings on Monday

LTC Properties (NYSE:LTC) will be issuing its quarterly earnings data after the market closes on Monday, July 29th. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

LTC Properties Price Performance

Shares of LTC stock opened at $38.15 on Friday. The company has a quick ratio of 15.86, a current ratio of 15.86 and a debt-to-equity ratio of 0.94. LTC Properties has a twelve month low of $30.30 and a twelve month high of $38.28. The company has a market cap of $1.66 billion, a P/E ratio of 19.87 and a beta of 0.89. The business has a fifty day simple moving average of $34.77 and a 200 day simple moving average of $33.08.

LTC Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 20th will be given a dividend of $0.19 per share. The ex-dividend date is Friday, September 20th. This represents a $2.28 annualized dividend and a dividend yield of 5.98%. LTC Properties’s dividend payout ratio is currently 118.75%.

About LTC Properties

LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 201 properties in 26 states with 29 operating partners.