SmarterDividends
LTC

LTC Properties (LTC) Dividend

LTC Properties, Inc. · Real Estate · REIT - Healthcare Facilities · monthly payer

$44.77

Overvalued · -18% Add to Portfolio

As of Nov 9, 2026, LTC Properties (LTC) pays a monthly dividend of $0.19 per share, or $2.28 a year, a 5.09% yield at its $44.77 share price. The next ex-dividend date is Nov 20, 2026, paid Dec 31, 2026. It has a dividend safety grade of A.

Forward Yield

5.09%

Annual Dividend

$2.28

Payout Ratio

23%

5-Yr Growth

0.0%

Ex-Date

Nov 20, 2026

Frequency

Monthly

Key facts about LTC's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, LTC Properties, Inc. (LTC) has a forward dividend yield of 5.09%, based on an annual dividend of $2.28 per share and a share price of $44.77.
  • As of Nov 9, 2026, LTC's dividend safety grade from SmarterDividends is A (95 out of 100), which rates the dividend as very safe.
  • LTC has never cut its regular dividend in the payment history SmarterDividends has on record.
  • LTC's next ex-dividend date is Nov 20, 2026, with payment on Dec 31, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 9, 2026, LTC pays out 23% of its trailing 12-month earnings as dividends (its payout ratio).
  • LTC's dividend has been roughly flat over the past five years.
  • As of Nov 9, 2026, LTC's 5.09% yield is 20% below its five-year average yield of 6.39%.
  • As of Nov 9, 2026, SmarterDividends' blended fair-value estimate for LTC is $36.70 per share, 18% below the $44.77 share price, so LTC screens as overvalued.
  • LTC Properties, Inc. (LTC) pays its dividend monthly, 12 times a year.
  • LTC Properties, Inc. (LTC) has raised its regular dividend 20 times and cut it 3 times across the 305 payments on record since 1992. Its most recent change was a 5.6% increase to $0.190 per share, going ex-dividend on Oct 19, 2016. The last cut went ex-dividend on Apr 27, 2005.
Cite this page

SmarterDividends, "LTC Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 9, 2026, https://smarterdividends.com/stocks/LTC

Is LTC a good dividend stock?

Yes

LTC Properties, Inc. (LTC) pays a monthly dividend yielding 5.09% ($2.28/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (23%)
  • 41% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
5.09%
Payout Ratio
23%
Annual Dividend
$2.28
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Nov 20, 2026
Years of Growth
0
Frequency
monthly
Beta
0.55
Market Cap
$2.5B
P/E Ratio
4.5
5-Yr Total Return
41%
52-Week Range
$33.64 – $46.92
Dividend Safety
A · 95/100
Ever Cut?
No

LTC dividend raises and cuts

LTC Properties, Inc. (LTC) has raised its regular dividend 20 times and cut it 3 times across the 305 payments on record since 1992. Its most recent change was a 5.6% increase to $0.190 per share, going ex-dividend on Oct 19, 2016. The last cut went ex-dividend on Apr 27, 2005.

Ex-dateChangeOld → newMove
Oct 19, 2016Raise$0.180 → $0.190+5.6%
Oct 20, 2015Raise$0.170 → $0.180+5.9%
Oct 21, 2013Raise$0.155 → $0.170+9.7%
Aug 21, 2012Raise$0.145 → $0.155+6.9%
Jan 19, 2012Raise$0.140 → $0.145+3.6%
Nov 18, 2010Raise$0.130 → $0.140+7.7%
Jan 18, 2008Raise$0.125 → $0.130+4.0%
Jan 19, 2007Raise$0.120 → $0.125+4.2%
Jan 19, 2006Raise$0.110 → $0.120+9.1%
Apr 27, 2005Cut$0.300 → $0.110−63.3%
Sep 15, 2004Raise$0.275 → $0.300+9.1%
Jun 16, 2004Raise$0.250 → $0.275+10.0%
Show all 23 changes since 1993
Ex-dateChangeOld → newMove
Dec 17, 2003Raise$0.150 → $0.250+66.7%
Jun 18, 2003Raise$0.100 → $0.150+50.0%
Mar 20, 2002Cut$0.290 → $0.100−65.5%
Mar 13, 2000Cut$0.390 → $0.290−25.6%
Dec 11, 1998Raise$0.355 → $0.390+10.0%
Jun 11, 1998Raise$0.332 → $0.355+6.8%
Jun 11, 1997Raise$0.309 → $0.332+7.4%
Jun 26, 1996Raise$0.286 → $0.309+7.9%
Sep 27, 1995Raise$0.264 → $0.286+8.6%
Dec 23, 1994Raise$0.245 → $0.264+7.4%
Dec 27, 1993Raise$0.227 → $0.245+8.0%
LTC ex-dividend date & scheduleNext ex-date Nov 20, 2026 · full ex-dividend historyView →LTC dividend historyEvery payment, totals by year, raises and cutsView →LTC dividend calculator100 shares pay $228.00 a year, $19.00 each monthCalculate →LTC total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is LTC a good dividend stock?

Yes. LTC Properties, Inc. (LTC) pays a monthly dividend yielding 5.09% ($2.28/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is LTC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LTC's fair value is about $36.70 versus a $44.77 share price — so it looks overvalued (-18% vs. fair value).

Is LTC's dividend safe?

LTC has a dividend-safety grade of A (95/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is LTC's fair value?

Our blended fair-value estimate for LTC is about $36.70 per share, about 18% below the current $44.77 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is LTC a buy, hold, or sell?

We don't issue formal ratings, but on the data LTC screens as "yes" and overvalued. LTC Properties, Inc. (LTC) pays a monthly dividend yielding 5.09% ($2.28/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will LTC cut its dividend?

LTC earns a dividend-safety grade of A (95/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does LTC pay a dividend?

Yes. LTC Properties, Inc. pays a monthly dividend of about $2.28 per share annually, a forward yield of roughly 5.09%.

How much dividend does 100 shares of LTC pay?

At $2.28 per share a year, 100 shares of LTC pay $228.00 a year in dividends before tax, about $19.00 each month. Buying them costs about $4,477 at the Nov 9, 2026 price.

What is LTC's dividend yield?

As of Nov 9, 2026, LTC's forward dividend yield is 5.09%, based on a $2.28 annual dividend and a $44.77 share price.

What is LTC's dividend per share?

As of Nov 9, 2026, LTC pays $2.28 per share per year, distributed on a monthly basis.

What is LTC's dividend payout ratio?

As of Nov 9, 2026, LTC's payout ratio is 23% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has LTC grown its dividend?

LTC does not currently have a long dividend-growth streak on record.

When is the next LTC ex-dividend date?

As of Nov 9, 2026, the next ex-dividend date on record for LTC is Nov 20, 2026.