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LondonMetric Announces Dividend with Scrip Option

LondonMetric Announces Dividend with Scrip Option

LondonMetric Property (GB:LMP) has released an update.

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LondonMetric Property PLC has announced a first quarterly interim dividend of 2.85 pence per share, payable on October 8, 2024, with an option for shareholders to receive the dividend in new shares instead of cash. The scrip dividend alternative is priced at 201.6 pence per share, based on the average closing mid-market price for five business days following August 29, 2024. Shareholders interested in this option need to consult the company’s circular for detailed terms and conditions.

For further insights into GB:LMP stock, check out TipRanks’ Stock Analysis page.

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