LTC Properties, Inc., stock ticker LTC, is a health care real estate investment trust, otherwise known as REIT. These bad boys should be a cornerstone to your Roth IRA stock portfolio. LTC invests primarily in senior housing and long term care properties
through mortgage loans, property lease transactions and other investments. Its
primary senior housing and long term healthcare property types include skilled
nursing properties, assisted living properties, and independent living
properties.
LTC has investments in 30 states
leased or mortgaged to 40 different operators. Recent acquisitons include a school property located in Minnesota, two
senior housing properties located in South Carolina, and two
properties, including skilled nursing properties in Florida and Texas.
The best thing about LTC is that they pay a MONTHLY DIVIDEND of $0.14 per share, which is a current dividend yield of 6.64% (as of October 5th, 2011). I love monthly dividend payers because when I'm old and gray they will inject my portfolio with free cash on a monthly basis instead of every three months like most stocks. Keep in mind that babyboomers are aging and LTC is in a sweet spot for capitalizing on the seniors.
Click here to visit LTC's website, and here to learn more about this solid REIT. If you have some free time please review LTC's annual report, click here.
As you can see in the picture below, LTC has real estate all throughout the continental United States. I suggest investing in LTC as soon as you can so you can being to reinvest your monthly dividends. Wealth is possible with smart decisions like investing in health care REITS! Have a great day!