Hammerson plc R.E.I.T. ( (GB:HMSO) ) just unveiled an update.
Hammerson plc has announced a proposed final cash dividend of 8.07 pence per ordinary share for the period ending December 31, 2024, pending shareholder approval at the 2025 Annual General Meeting. The dividend will be paid as a non-Property Income Distribution and is available through a Dividend Reinvestment Plan (DRIP) for shareholders wishing to receive shares instead of cash. The announcement outlines a detailed timetable for the dividend’s payment process, highlighting key dates for shareholders in the UK and South Africa. This move reflects Hammerson’s commitment to returning value to its shareholders, despite the challenging retail market environment.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) that operates in the property industry, focusing on the ownership, development, and management of retail properties. The company is known for its portfolio of shopping centers, retail parks, and premium outlets across the UK and Europe.
YTD Price Performance: 3.22%
Average Trading Volume: 890,578
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.41B
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