LTC Properties Dividends and Buybacks
Dividend criteria checks 6/6
LTC Properties is a dividend paying company with a current yield of 6.5% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 23rd December, 2024.
Key information
6.5%
Dividend yield
-7.3%
Buyback Yield
| Total Shareholder Yield | -0.8% |
| Future Dividend Yield | 6.6% |
| Dividend Growth | 3.6% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 23 Dec 24 |
| Dividend per share | US$2.280 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
LTC Properties: Steady Growth Set To Continue In 2025
Dec 19LTC Properties May Only Grow A Little
Oct 03LTC Properties: Don't Overlook This Solid Monthly Dividend
Jul 15I 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 16Stability 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) | 6.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Health Care REITs) | 3.9% |
| Analyst forecast (LTC) (up to 3 years) | 6.6% |
Notable Dividend: LTC's dividend (6.5%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: LTC's dividend (6.5%) is in the top 25% of dividend payers in the US market (4.5%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.6%), LTC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.9%), LTC's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
LTC Properties, Inc. is covered by 23 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Steven Valiquette | Barclays |
| Steven Valiquette | Barclays |
| John Kim | BMO Capital Markets Equity Research |