Recent Buy - LTC Properties Inc. (LTC)

Yesterday September 14, I bought 25 shares of LTC Properties Inc. at $ 48.29 per share plus commission.

My overall cost basis of this position increases from $ 46.81 to $ 47.25 per share. I totally hold now 95 shares of LTC and my yield on cost is 4.83%. 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 € 35.53 ($ 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 € 11,030.00. After this acquisition, LTC's weight of my portfolio is about 1.06% and its share of future annual dividend income is approximately 1.22%. My purpose is 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

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