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Article: LTC Announces Operating Results for the Three and Nine Months Ended September 30, 2004 and Declares Fourth Quarter Cash Dividend on Its Common Stock.
- Article from:
- Business Wire
- Article date:
- October 18, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MALIBU, Calif. -- LTC Properties, Inc. (NYSE:LTC) released results of operations for the three and nine months ended September 30, 2004 and announced that net income available to common stockholders for the third quarter was $4.9 million or $0.24 per diluted share. Included in these results was a loss on sale of assets of $0.1 million. For the same period in 2003, net income available to common stockholders was $2.1 million or $0.12 per diluted share which included a loss on sale of assets of $0.3 million. Revenues for the three months ended September 30, 2004, were $17.1 million versus $15.9 million for the same period last year.
For the nine months ended ...
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