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Company highlight: LTC Properties
San Fernando Valley Business Journal, Feb 2, 2009
Westlake Village-based LTC Properties, Inc. (NYSE: LTC) operates as a healthcare real estate investment trust (REIT) that invests primarily in long-term care and other healthcare related properties through mortgage loans, property lease transactions and other investments. The company recently announced that it would be issuing a monthly common dividend on its common stock for the first quarter of 2009.
Shares closed at $22.44 on January 28, up 25.3% since January 14 and 13.7% since the beginning of the year.
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