N🟁N

LTC Declares a 7.7% Increase in Its Monthly Common Stock Cash Dividend for the Months of November and December 2010

  //business-finance.news-articles.net/content/201 .. or-the-months-of-november-and-december-2010.html
  Published in Business and Finance on Wednesday, October 20th 2010 at 6:40 GMT by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

WESTLAKE VILLAGE, Calif.--([ BUSINESS WIRE ])--LTC Properties, Inc. (NYSE:LTC) announced today that it increased its previously declared monthly cash dividend to $0.14 per share on its common stock for the months of November and December of 2010.

On October 4, 2010, the Company declared a monthly cash dividend of $0.13 per common share for the months of October, November and December 2010, payable on October 29, November 30 and December 31, 2010, respectively, to stockholders of record on October 21, November 22 and December 23, 2010, respectively. The cash dividend of $0.13 per common share for the month of October 2010 remains unchanged as do all of the previously announced payable and record dates.

The Company is a self-administered real estate investment trust that primarily invests in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. For more information on LTC Properties, Inc., visit the Companya™s website at [ www.LTCProperties.com ].

This press release includes statements that are not purely historical and are aforward looking statementsa within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the Companya™s expectations, beliefs, intentions or strategies regarding the future. All statements other than historical facts contained in this press release are forward looking statements. These forward looking statements involve a number of risks and uncertainties. All forward looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such forward looking statements. Although the Companya™s management believes that the assumptions and expectations reflected in such forward looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. The actual results achieved by the Company November differ materially from any forward looking statements due to the risks and uncertainties of such statements.