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ROUNDUP / BARBARA MURPHY

LTC Properties Declares Dividend on Preferred

May 27, 1997|BARBARA MURPHY

The board of directors of LTC Properties Inc. in Oxnard has declared a monthly cash dividend of 19.79 cents per share on the 9.5% Series A Cumulative Preferred Stock.

The dividends will be paid June 16 and July 15 to stockholders of record June 1 and July 1, respectively.

The company is a self-admini- stered real estate investment trust organized to invest in long-term care and other health care-related facilities through mortgage loans, facility lease transactions and other investments.

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