LTC Properties is trading 4.16% down at $37.78 after investors reacted to its expanded equity distribution and forward-sale program, which could enable up to $500 million in common-stock issuance and raise dilution concerns.

  • The decline is also consistent with broader REIT weakness as Treasury yields rise to 4.68%.
  • Higher yields are increasing financing costs and reducing the relative appeal of property-sector dividends.