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LTC Properties Inc is known by the trading ticker symbol, LTC. It is listed in the Healthcare sector as a Healthcare Facilities Company. This is my second report on LTC Properties for my Vista stock Portfolio. I last mentioned it on April 26th.

LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments. 

LTC generates all of its revenue in the United States. LTC is an active capital provider in the seniors housing and health care real estate industry. 

The company has been actively engaged with its operating partners to create a growing pipeline of projects. LTC considers merger and acquisition investment as a component of its operational growth strategy.

LTC holds 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

LTC Properties, Inc is headquartered in Westlake Village, CA.

Three key data points gauge dividend equities or funds like LTC Properties Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

LTC Price

LTC Properties' price per share was $35.38 as of yesterday's market close. One year ago its price was $38.24. So LTC's share price has fallen about 7.5% in the past year. 

If LTC Properties stock trades in the range of $32 to $45 this next year, its recent $35.38 price might rise by $3.62 to reach $39.00 by August 12, 2022. My estimate is $0.29 under the median of one-year target prices estimated for LTC by 9 analysts covering the stock for brokers.

LTC Dividends

LTC Properties's most recent regular monthly dividend payout of  $0.19  was paid July 30th and projected an annual payout of $2.28 to yield 6.44% based on yesterday's $35.38 closing price. LTC has paid increasing dividends for 16 years.

LTC Returns

Adding the $2.28 annual LTC forward-looking dividend to my $3.62 price upside estimate shows a $5.90 potential gross gain, per share, to be reduced by any costs to trade LTC shares.  

At yesterday's $35.38 price per share, a little under $1000 would buy 28 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at a sale and might cost us about $0.36 per share.

Subtract that maybe $0.36 brokerage cost from my estimated $5.90 gross gain per share results in a net gain of $5.54 X 28 shares = $155.12 for a 15.5% net gain on a $990.64 investment.

So is that LTC Properties Inc shows a possible 15.5% net gain including a 6.55% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in LTC Properties could generate $64.40 in cash dividends alone. And a single share bought at yesterday's closing price was $35.38! Thus, PDCO's share price is now about 55% of the dividend income from $1K invested. So, according to my dividend dogcatcher ideal, this is a good time to pick up LTC Properties shares because the dividend from $1k invested exceeds the single share price by 45%. Consider yourself alerted.   

All of the estimates above are speculation based on the past history of LTC Properties Inc. Only time and money invested in this stock will determine its market value.