The REIT's next dividend will be payable Oct. 31 for shareholders of record as of Oct. 23. Additionally, the company will pay dividends on Nov. 29 and Dec. 31 to shareholders of record Nov. 21 and Dec. 23, respectively.
On an annualized basis, LTC's dividend adds up to $2.04. As of the market's close on Sept. 30, LTC Properties' stock was trading at a price of $37.98. This means the company has a dividend yield of 5.4%.