LTC Properties, Inc. (NYSE:LTC) is included among the 10 Safest Monthly Dividend Stocks to Buy.
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LTC Properties, Inc. (NYSE:LTC) is a healthcare-focused REIT that invests mainly in senior housing and skilled nursing facilities through triple-net leases, mortgage loans, and other income-producing structures. This approach provides a relatively stable cash flow to fund its monthly dividend.
The senior housing sector faced major challenges during the COVID-19 pandemic, which put pressure on LTC Properties, Inc. (NYSE:LTC)’s tenants. Some operators struggled with rent payments, and a few even filed for bankruptcy. Despite these setbacks, the REIT’s solid financial position allowed it to manage the impact, pursue new investments, and continue paying its monthly dividend.
LTC Properties, Inc. (NYSE:LTC) has paid regular dividends to shareholders since 2005, which makes it one of the safest stocks to consider. The company offers a monthly dividend of $0.19 per share for a dividend yield of 6.43%, as of September 23.
While we acknowledge the potential of LTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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