Edition:
United Kingdom

LTC Properties Inc (LTC.N)

LTC.N on New York Stock Exchange

41.04USD
19 Jan 2018
Change (% chg)

$0.35 (+0.86%)
Prev Close
$40.69
Open
$40.60
Day's High
$41.04
Day's Low
$40.58
Volume
77,295
Avg. Vol
69,342
52-wk High
$52.85
52-wk Low
$40.30

Latest Key Developments (Source: Significant Developments)

LTC Enters $23 Million Joint Venture With New Partners
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Ltc Properties Inc ::LTC ENTERS $23 MILLION JOINT VENTURE WITH NEW PARTNERS.LTC PROPERTIES INC - ‍ ENTERED A REAL ESTATE JOINT-VENTURE RELATIONSHIP WITH AFFILIATES OF TEALWOOD SENIOR LIVING AND DEVELOPER TUKKA PROPERTIES​.LTC PROPERTIES INC - CONSTRUCTION IS SLATED TO START PRIOR TO 2018, WITH A PLANNED OPENING DATE OF SPRING 2019.LTC PROPERTIES INC - ‍UPON COMPLETION, COMMUNITY WILL BE OPERATED BY AN AFFILIATE OF TEALWOOD SENIOR LIVING UNDER A TRIPLE-NET LEASE WITH JOINT-VENTURE​.  Full Article

LTC Properties says co ‍learned that one of its lessees filed for Chapter 11 bankruptcy
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Ltc Properties Inc ::Says ‍on Nov 14 co learned that one of its lessees, Preferred Care & affiliated entities filed for Chapter 11 bankruptcy - SEC filing.Does not believe Preferred Care's bankruptcy will have a material impact on company's future financial results​.Preferred Care & entities filed for bankruptcy resulting from a legal judgement in lawsuit against preferred & affiliated entities​.Affiliated entities operate properties in Kentucky and New Mexico​.  Full Article

LTC Properties says terminated equity distribution agreement with Canaccord Genuity on Nov 7 - SEC filing​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - LTC Properties Inc :LTC Properties - ‍on Nov 7, co delivered notice to Canaccord Genuity terminating equity distribution agreement with Canaccord, dated August 1, 2016​.LTC Properties Inc - equity distribution agreement permitted co to offer and sell, up to $200 million shares through canaccord​ - SEC filing.  Full Article

LTC reports Q3 FFO per share $0.76
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - LTC Properties Inc :LTC reports 2017 third quarter results; announces new investment.Q3 FFO per share $0.76.Q3 FFO per share view $0.74 -- Thomson Reuters I/B/E/S.  Full Article

LTC announces 5.56% increase in and declares monthly common stock cash dividend for Q4 2016
Monday, 3 Oct 2016 

LTC Properties Inc : LTC announces a 5.56% increase in and declares its monthly common stock cash dividend for the fourth quarter of 2016 .Increased its monthly cash dividend on its common stock to $0.190 per share.  Full Article

Ltc Properties says may offer shares of co's common stock of up to $200 mln
Monday, 1 Aug 2016 

Ltc Properties Inc :Files to say it may offer shares of co's common stock of up to $200 million - sec filing.  Full Article

LTC Q2 adjusted FFO per share $0.77
Monday, 1 Aug 2016 

Ltc Properties Inc : Q2 adjusted FFO per share $0.77 . Ltc reports 2016 second quarter results .Ltc properties inc qtrly ffo per diluted common share was $0.77.  Full Article

LTC Properties locks rate on $40 mln senior unsecured notes
Tuesday, 14 Jun 2016 

LTC Properties Inc : LTC locks rate on $40 million senior unsecured notes . Locked rate under a private shelf agreement with an insurance company on $40.0 million of senior unsecured notes with a coupon of 3.99 pct . Notes will have an average 10-year life, scheduled principal payments and will mature in 2031 .Anticipates selling notes on or about July 20, 2016..  Full Article

LTC Properties, Inc Declares Its Monthly Common Stock Cash Dividend for the Second Quarter of 2016
Friday, 1 Apr 2016 

LTC Properties, Inc:declared a monthly cash dividend on its common stock for the second quarter of 2016.declared a monthly cash dividend of $0.18 per common share per month for the months of April, May and June 2016, payable on April 29, May 31 and June 30, 2016, respectively, to stockholders of record on April 21, May 23 and June 22, 2016, respectively.  Full Article

LTC Properties, Inc acquires Newly Constructed Skilled Nursing Center in Texas
Wednesday, 3 Feb 2016 

LTC Properties, Inc:Acquires newly constructed skilled nursing center in Texas.Says deal valued at $16 million.  Full Article

BRIEF-LTC Enters $23 Million Joint Venture With New Partners

* LTC PROPERTIES INC - ‍ ENTERED A REAL ESTATE JOINT-VENTURE RELATIONSHIP WITH AFFILIATES OF TEALWOOD SENIOR LIVING AND DEVELOPER TUKKA PROPERTIES​