5 Dividend Stocks to Increase Your Monthly Income

2. LTC Properties, Inc. (NYSE: LTC)

Number of Hedge Fund Holders: 10
Dividend Yield: 6.68%

LTC Properties, Inc. (NYSE: LTC) is a healthcare REIT investing in seniors housing and healthcare properties. The company ranks 2nd on our list of dividend stocks to increase your monthly income.

As of February, Capital One holds an Equal Weight rating on shares of LTC Properties, Inc. (NYSE: LTC),alongside a $44 price target.

In the second quarter of 2021, LTC Properties, Inc. (NYSE: LTC) had an FFO of $0.57, missing estimates by $0.07. The company’s revenue was $38.13 million, up 33.88% year over year but also missing estimates by $4.26 million.

By the end of the second quarter of 2021, 10 hedge funds out of the 873 tracked by Insider Monkey held stakes in LTC Properties, Inc. (NYSE: LTC) worth roughly $9 million. This is compared to 7 hedge funds in the previous quarter with a total stake value of approximately $7 million.