5 High Yield Monthly REIT Dividend Stocks to Buy

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

Number of Hedge Fund Holders: 10
Dividend Yield: 6.5%

LTC Properties, Inc. (NYSE: LTC) is a healthcare REIT that invests in seniors housing and healthcare properties. The company ranks 4th on our list of high yield monthly REIT stocks to buy and holds 181 investments in 27 states with 29 operating partners as of 2020.

Capital One holds an Equal Weight rating on shares of LTC Properties, Inc. (NYSE: LTC) as of this February, 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.