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Dec 31, 2020
LTC Properties Q4 2020 Earnings Report
LTC Properties reported results for the fourth quarter of 2020.
Key Takeaways
LTC Properties announced operating results for the fourth quarter ended December 31, 2020, with net income available to common stockholders at $17.5 million, or $0.45 per diluted share. Funds from Operations (FFO) was $30.4 million, or $0.78 per share, and Funds available for distribution (FAD) was $30.7 million for the same period.
Net income available to common stockholders was $17.5 million, or $0.45 per diluted share, for the 2020 fourth quarter.
FFO was $30.4 million, or $0.78 per share, for the 2020 fourth quarter.
Excluding the prior year’s $2.1 million gain from property insurance proceeds related to a previously sold property, FFO was $30.3 million for the quarter ended December 31, 2019.
FAD was $30.7 million for the 2020 fourth quarter.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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