LTC Properties, Inc. (LTC) will begin trading ex-dividend on October 21, 2020. A cash dividend payment of $0.19 per share is scheduled to be paid on October 30, 2020. Shareholders who purchased LTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 49th quarter that LTC has paid the same dividend. At the current stock price of $34.05, the dividend yield is 6.7%.
The previous trading day's last sale of LTC was $34.05, representing a -35.8% decrease from the 52 week high of $53.04 and a 39.04% increase over the 52 week low of $24.49.
LTC is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) (AMT) and Prologis, Inc. (PLD). LTC's current earnings per share, an indicator of a company's profitability, is $2.64. Zacks Investment Research reports LTC's forecasted earnings growth in 2020 as -5.63%, compared to an industry average of -3.3%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.