|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||33.72 - 34.58|
|52 Week Range||24.49 - 53.04|
|Beta (5Y Monthly)||0.80|
|PE Ratio (TTM)||12.97|
|Earnings Date||Oct 29, 2020|
|Forward Dividend & Yield||2.28 (6.73%)|
|Ex-Dividend Date||Nov 19, 2020|
|1y Target Est||35.00|
LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release third quarter earnings on Thursday, October 29, 2020 after market close.
LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the fourth quarter of 2020.
Many investors favor dividend-paying stocks for the recurring streams of income they provide, a benefit that is magnified when those companies pay shareholders on a monthly basis. Gladstone Capital (NASDAQ: GLAD) cut its monthly payout earlier this year as the coronavirus upended the economy, reducing the dividend from $0.07 per share to $0.065 per share -- a 7% shave, and a level where it remains today. As a business development corporation (BDC), Gladstone lends money to smaller businesses that can't easily access capital markets themselves.