Wednesday, March 22, 2017

Recent Buy - LTC Properties Inc. (LTC)

On Monday March 20, I Bought 25 shares of LTC Properties Inc. at $ 46.15 per share plus commission.

My overall cost basis of this position decreases from $ 47.75 to $ 46.97 per share. I totally hold now 45 shares of LTC and my yield on cost is 4.85%. You can look at my first purchase of LTC here.

Details of my purchase:  

With current yearly dividend ($ 2.28), my last purchase 25 shares of LTC increases € 39.26 ($ 42.47) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual net dividend income approximately to € 10,750.00. After this acquisition, LTC's weight of my portfolio is about 0.52% and its share of future annual dividend income is approximately 0.66%. I'm planning slowly to build up LTC's share of my portfolio, if the price remains at these levels.

Click here to see my portfolio.

Full Disclosure: Long LTC

Thanks for stopping by!

1 comment:

  1. Nice pick up. I just started a new position in LTC as well a few days ago. I don't plan it to me a large position rather just a way to diversify among my health REITs. Thanks for sharing.