LTC Financial Partners L.L.C. says it will pay its shareholders $1.2 million in dividends this year, increasing the per-share rate 10% from the 2008 rate.
Year-to-date, sales are 25% higher than they were during the comparable period last year, according to Cameron Truesdell, chief executive of LTC Financial, Kirkland, Wash.
Most of the shareholders are agency staff members and agents.
The agency reports that it is looking to add 300 agents to the current roster of 540.