Edition:
India

LTC Properties Inc (LTC.N)

LTC.N on New York Stock Exchange

39.01USD
18 May 2018
Change (% chg)

$-0.05 (-0.13%)
Prev Close
$39.06
Open
$39.22
Day's High
$39.35
Day's Low
$38.83
Volume
148,685
Avg. Vol
84,921
52-wk High
$52.85
52-wk Low
$34.51

Latest Key Developments (Source: Significant Developments)

LTC Sells Portfolio Of Six Assisted Living Communities For $67.5 Million
Thursday, 10 May 2018 

May 9 (Reuters) - LTC Properties Inc ::LTC REPORTS 2018 FIRST QUARTER RESULTS; SELLS PORTFOLIO OF SIX ASSISTED LIVING COMMUNITIES FOR $67.5 MILLION.Q1 FFO PER SHARE $0.75.Q1 FFO PER SHARE VIEW $0.75 -- THOMSON REUTERS I/B/E/S.  Full Article

LTC Sells Portfolio Of Six Assisted Living And Memory Care Communities For $67.5 Mln
Tuesday, 1 May 2018 

May 1 (Reuters) - LTC Properties Inc ::PRESS RELEASE - LTC SELLS PORTFOLIO OF SIX ASSISTED LIVING AND MEMORY CARE COMMUNITIES FOR $67.5 MILLION.LTC PROPERTIES INC - AS A RESULT OF TRANSACTION, LTC EXPECTS TO RECOGNIZE A NET GAIN ON SALE OF APPROXIMATELY $48.0 MILLION IN Q2.  Full Article

LTC Enters $23 Million Joint Venture With New Partners
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Ltc Properties Inc ::LTC ENTERS $23 MILLION JOINT VENTURE WITH NEW PARTNERS.LTC PROPERTIES INC - ‍ ENTERED A REAL ESTATE JOINT-VENTURE RELATIONSHIP WITH AFFILIATES OF TEALWOOD SENIOR LIVING AND DEVELOPER TUKKA PROPERTIES​.LTC PROPERTIES INC - CONSTRUCTION IS SLATED TO START PRIOR TO 2018, WITH A PLANNED OPENING DATE OF SPRING 2019.LTC PROPERTIES INC - ‍UPON COMPLETION, COMMUNITY WILL BE OPERATED BY AN AFFILIATE OF TEALWOOD SENIOR LIVING UNDER A TRIPLE-NET LEASE WITH JOINT-VENTURE​.  Full Article

LTC Properties says co ‍learned that one of its lessees filed for Chapter 11 bankruptcy
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Ltc Properties Inc ::Says ‍on Nov 14 co learned that one of its lessees, Preferred Care & affiliated entities filed for Chapter 11 bankruptcy - SEC filing.Does not believe Preferred Care's bankruptcy will have a material impact on company's future financial results​.Preferred Care & entities filed for bankruptcy resulting from a legal judgement in lawsuit against preferred & affiliated entities​.Affiliated entities operate properties in Kentucky and New Mexico​.  Full Article

LTC Properties says terminated equity distribution agreement with Canaccord Genuity on Nov 7 - SEC filing​
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - LTC Properties Inc :LTC Properties - ‍on Nov 7, co delivered notice to Canaccord Genuity terminating equity distribution agreement with Canaccord, dated August 1, 2016​.LTC Properties Inc - equity distribution agreement permitted co to offer and sell, up to $200 million shares through canaccord​ - SEC filing.  Full Article

LTC reports Q3 FFO per share $0.76
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - LTC Properties Inc :LTC reports 2017 third quarter results; announces new investment.Q3 FFO per share $0.76.Q3 FFO per share view $0.74 -- Thomson Reuters I/B/E/S.  Full Article

LTC announces 5.56% increase in and declares monthly common stock cash dividend for Q4 2016
Monday, 3 Oct 2016 

LTC Properties Inc : LTC announces a 5.56% increase in and declares its monthly common stock cash dividend for the fourth quarter of 2016 .Increased its monthly cash dividend on its common stock to $0.190 per share.  Full Article

Ltc Properties says may offer shares of co's common stock of up to $200 mln
Tuesday, 2 Aug 2016 

Ltc Properties Inc :Files to say it may offer shares of co's common stock of up to $200 million - sec filing.  Full Article

LTC Q2 adjusted FFO per share $0.77
Tuesday, 2 Aug 2016 

Ltc Properties Inc : Q2 adjusted FFO per share $0.77 . Ltc reports 2016 second quarter results .Ltc properties inc qtrly ffo per diluted common share was $0.77.  Full Article

LTC Properties locks rate on $40 mln senior unsecured notes
Tuesday, 14 Jun 2016 

LTC Properties Inc : LTC locks rate on $40 million senior unsecured notes . Locked rate under a private shelf agreement with an insurance company on $40.0 million of senior unsecured notes with a coupon of 3.99 pct . Notes will have an average 10-year life, scheduled principal payments and will mature in 2031 .Anticipates selling notes on or about July 20, 2016..  Full Article

BRIEF-LTC Sells Portfolio Of Six Assisted Living Communities For $67.5 Million

* LTC REPORTS 2018 FIRST QUARTER RESULTS; SELLS PORTFOLIO OF SIX ASSISTED LIVING COMMUNITIES FOR $67.5 MILLION