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LTC Properties Inc (LTC) 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 healthcare real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects.

LTC's investment portfolio includes 212 properties in 29 states with 31 operating partners. Based on its gross real estate investments, LTC's investment portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

LTC Properties Inc went public in 1992 and is headquartered in Westlake Village, CA.

Three key data points gauge LTC Properties Inc or any dividend-paying firm.

The key three are:

(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

Over the past year, LTC’s share price plunged 14.6% from $39.86 to $34.06 as of Monday’s market close.

If LTC stock trades in the range of $30.00 to $40.00 this next year, its recent $34.06 share price might rise to $35.30 by next year. Of course, LTC’s price could drop about the same $1.24 amount, or more.

My upside estimate of $1.24, however is not supported by analysts tracking the stock for brokers, but price history shows that’s the average annual price increase per share over the last 20 years.

LTC Dividend

LTC Properties Inc’s most recent $0.19 monthly dividend, paid June 30th to shareholders of record June 20th, equates to $2.28 annually and throws a yield of 6.69% as of Monday’s closing price.

LTC Returns

Adding the $2.28 anticipated annual dividend to LTC’s estimated $1.24 price upside, reveals a $3.52 potential gross gain per share for the coming year.

At Monday’s $34.06 closing price, a little over $1000 would buy 29 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.34 per share.

Subtracting that maybe $0.34 brokerage cost from my estimated $3.52 gross gain per share makes a net gain amounting to $3.18 X 29 shares = $92.22 for about a 9.2% net gain.

This may be the time to pounce on LTC Properties Inc. But beware, while its dividend is rich and frequent, its price continues sideways, and is lately priced $20.14 below the stock’s all-time high of $54.20 posted back on or about September 7, 2016.

The foregoing article is based on past history of LTC Properties Inc. The only accurate measure of future performance is from active investment in the company.

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