I picked up a small lot yesterday because of the sale of properties. Let's see if they bump up the dividend some to suport share price going forward....As it is the shares may be a steal now!!!!!!!
$LTC Properties sells six-property portfolio May 1, 2018 11:01 AM ET|About: LTC Properties Inc. ($LTC) Known as the Sunrise Portfolio, the six assisted living and memory care communities in Ohio and Pennsylvania were sold for $67.5M.
$LTC expects to book a Q2 gain on sale of $48M on the deal. Rental revenue for the four months ended April 30 was $1.5M.