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LTC Properties Inc. (LTC) logo

LTC Properties Inc.

S&P 500

LTC/Real Estate · REIT - Healthcare Facilities/NYSE

Dividend Yield

6.24%

$2.28 · Annual Dividend

Stock Price$38.45P/E14.3MCap1.9BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

67/ 100Safe

LTC's dividend appears safe and well-supported. Strengths include a 18.5x current ratio & 85.3 debt-to-equity. Areas of concern: 137.3% ffo payout ratio & 0.0% 5-year dividend cagr. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.

Based on 15 of 15 metrics

Strengths

  • Current Ratio: 18.5xStrong short-term liquidity to meet obligations.
  • Debt-to-Equity: 85.3Conservative debt level relative to equity.
  • Operating Margin: 52.9%Healthy operating margin provides a wide buffer.

Risks

  • FFO Payout Ratio: 137.3%FFO leaves little margin to cover the dividend.
  • 5-Year Dividend CAGR: 0.0%Dividend growth has been weak or negative.

Payout & Coverage

Caution
137.3%Danger
79.7%Caution
64.3%Caution

Balance Sheet

Safe
18.5xVery Safe
85.3Very Safe

Profitability

Safe
11.3%Caution
52.9%Very Safe
58.8%Very Safe

Dividend Track Record

Safe
8+ yrsSafe
NoneVery Safe
GrowingVery Safe

About LTC Properties Inc.

LTC Properties Inc. is a healthcare real estate investment trust (REIT) that primarily invests in senior housing and long-term care facilities. The primary function of LTC Properties Inc. is to provide financing to real estate owners of senior housing and care facilities through mortgage lending and property leasing. This REIT focuses extensively on sectors that serve the aging population, notably skilled nursing facilities, assisted living properties, and independent living facilities. By investing in these sectors, LTC Properties Inc. plays a crucial role in supporting the infrastructure for senior care, which is increasingly important given demographic shifts towards an older population. This REIT offers liquidity to developers and operators of these facilities, enabling expansion and operational efficiency. Its market significance is underscored by the steady stream of rental and interest income derived from long-term leases and mortgage agreements, which provide investors with potential for income distribution and portfolio diversification within the specialized healthcare real estate market. Established in 1992, LTC Properties Inc. continues to contribute to the healthcare sector’s growth and innovation.

Dividend Overview

Dividend Yield

6.24%

Annual Dividend

$2.28

Frequency

Monthly

Payout Ratio

89.41%

FCF Payout Ratio

79.69%

52-Week Range

$33.64 - $40.80

Dividend History (2016–2025)

LTC annual dividend per share and yield history

Earnings & Profitability

LTC earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 22, 2026

Next Payment Date

June 30, 2026

Dividend Growth

3-Year Dividend CAGR

0.00%

5-Year Dividend CAGR

0.00%

10-Year Dividend CAGR

N/A

3-Year Total Growth

0.00%

5-Year Total Growth

0.00%

10-Year Total Growth

N/A

Income Calculator

LTC Dividend Calculator

Total Investment

$3,845.00

Annual Income

$228.00

Quarterly Income

$57.00

Monthly Income

$19.00

Frequently Asked Questions

What is LTC's current dividend yield?
LTC Properties Inc. (LTC) currently has a dividend yield of 6.24%, based on a stock price of $38.45 and an annual dividend of $2.28.
When is LTC's next dividend payment date?
LTC's next ex-dividend date is 2026-06-22 and the next payment date is 2026-06-30. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does LTC pay in dividends per year?
LTC Properties Inc. paid $2.28 per share in annual dividends in 2025. The dividends are paid monthly.
Has LTC been increasing its dividend?
LTC Properties Inc. has grown its dividend at a 5-year CAGR of 0.00%.
Is LTC's dividend safe?
LTC Properties Inc. has a payout ratio of 89.41%. Its free cash flow payout ratio is 79.69%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is LTC's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates LTC Properties Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.