LTC Properties, Inc. ( LTC ) will begin trading ex-dividend on December 21, 2015. A cash dividend payment of $0.18 per share is scheduled to be paid on December 31, 2015. Shareholders who purchased LTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LTC has paid the same dividend. At the current stock price of $42.31, the dividend yield is 5.11%.
The previous trading day's last sale of LTC was $42.31, representing a -13.39% decrease from the 52 week high of $48.85 and a 9.5% increase over the 52 week low of $38.64.
LTC is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and Public Storage ( PSA ). LTC's current earnings per share, an indicator of a company's profitability, is $2.04. Zacks Investment Research reports LTC's forecasted earnings growth in 2015 as 8.55%, compared to an industry average of 7.8%.