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NEW YORK ( TheStreet) -- The ex-dividend date for LTC Properties (NYSE: LTC) is tomorrow, March 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $30.68 as of 9:35 a.m. ET, the dividend yield is 5.7%. The average volume for LTC has been 170,000 shares per day over the past 30 days. LTC has a market cap of $954.8 million and is part of the financial sector and real estate industry. Shares are down 0.3% year to date as of the close of trading on Friday. LTC Properties, Inc. operates as a health care real estate investment trust (REIT) in the United States. The company has a P/E ratio of 22.4, below the average real estate industry P/E ratio of 23.5 and above the S&P 500 P/E ratio of 17.7.