LTC Properties, Inc. (LTC) to Issue Monthly Dividend of $0.19 on June 30th

Posted by Stanley Muller on Jun 20th, 2026

LTC Properties, Inc. (NYSE:LTC – Get Free Report) announced a monthly dividend on Wednesday, April 1st. Investors of record on Monday, June 22nd will be paid a dividend of 0.19 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Monday, June 22nd.

LTC Properties has a dividend payout ratio of 118.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect LTC Properties to earn $2.67 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 85.4%.

LTC Properties Stock Performance

NYSE:LTC opened at $36.35 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 9.20 and a current ratio of 9.20. LTC Properties has a fifty-two week low of $33.64 and a fifty-two week high of $40.80. The company has a 50 day simple moving average of $37.93 and a two-hundred day simple moving average of $37.27. The company has a market capitalization of $1.86 billion, a PE ratio of 14.72 and a beta of 0.57.

LTC Properties (NYSE:LTC – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.17. LTC Properties had a net margin of 38.99% and a return on equity of 10.87%. The firm had revenue of $94.41 million for the quarter, compared to the consensus estimate of $72.98 million. During the same quarter in the previous year, the company earned $0.65 EPS. The company’s revenue for the quarter was up 94.7% on a year-over-year basis. LTC Properties has set its FY 2026 guidance at 2.750-2.790 EPS. Research analysts anticipate that LTC Properties will post 2.77 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Cantor Fitzgerald cut their price target on shares of LTC Properties from $42.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Royal Bank Of Canada lifted their price objective on LTC Properties from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Friday, March 20th. Weiss Ratings raised LTC Properties from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 8th. Wells Fargo & Company boosted their price objective on LTC Properties from $39.00 to $40.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Finally, Citigroup restated a “market outperform” rating on shares of LTC Properties in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $40.60.

Read Our Latest Stock Analysis on LTC

About LTC Properties

(Get Free Report)

LTC Properties, Inc (NYSE: LTC) is a real estate investment trust that specializes in financing and investing in long-term health care properties. The company focuses on providing capital to operators of senior housing and health care facilities through sale-leaseback transactions, mortgage financings and structured finance arrangements. Its portfolio primarily comprises skilled nursing facilities, assisted living communities and memory care centers.

Since its founding in 1992, LTC Properties has built a diversified portfolio of properties located across the United States.