LTC Properties Dividend
Dividend criteria checks 6/6
LTC Properties is a dividend paying company with a current yield of 6.78% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
6.8%
Dividend yield
89%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.85 |
| Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Recent updates
I Am Buying This Fat 7.2% Yielding Trust Hand Over Fist
Apr 24LTC Properties: Undervalued 7% Yield Poised For A Rebound
Feb 23LTC Properties: Strong Healthcare Trends Support 7% Yield
Dec 13LTC Properties: Key Metrics On This 7.2% Monthly Payer
Oct 08LTC Properties: A +6% Monthly Dividend To Pad Your Cash Flow
Jul 26LTC Properties FFO of $0.72 beats by $0.02, revenue of $47.84M beats by $2.73M
Feb 16LTC Properties declares $0.19 dividend
Jan 03LTC Properties: A 6.2% Monthly Payer You Don't Want To Miss
Dec 23LTC Properties Remains Attractive Despite Its Vast Outperformance
Dec 09LTC Properties: Strong Buy Opportunity
Sep 30LTC Properties: Getting Over COVID But Not There Yet
Aug 04LTC Properties declares $0.19 dividend
Jul 01LTC Properties: On A Path To Recovery
May 25LTC Properties: Buy This 6.3% Yielding REIT For Your Dividend Portfolio
Mar 17LTC Properties: 6.8% Yield, But The Risks Keep Increasing
Feb 22Lock In The 6.4% Dividend Yield Of LTC Properties Before It Is Too Late
Jan 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LTC's dividends per share have been stable in the past 10 years.
Growing Dividend: LTC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| LTC Properties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LTC) | 6.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Health Care REITs) | 4.5% |
| Analyst forecast in 3 Years (LTC) | 6.8% |
Notable Dividend: LTC's dividend (6.78%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: LTC's dividend (6.78%) is in the top 25% of dividend payers in the US market (4.68%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.9%), LTC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (92.4%), LTC's dividend payments are covered by cash flows.