The latest update is out from LondonMetric Property ( (GB:LMP) ).
LondonMetric Property PLC has announced a third quarterly interim dividend of 3.0 pence per Ordinary Share, marking a 5.3% increase from the previous quarter and a 25% increase from the same period last year. This dividend, paid as a Property Income Distribution, aligns with the company’s progressive dividend policy and targets a full-year dividend of 12.0 pence per share, reflecting a 17.6% rise from the previous year, indicating strong financial performance and commitment to shareholder returns.
More about LondonMetric Property
LondonMetric Property PLC operates in the real estate industry, focusing on property investment and management. The company primarily deals with logistics and long-income properties, aiming to provide shareholders with sustainable and progressive dividends.
YTD Price Performance: 5.83%
Average Trading Volume: 5,448,264
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.9B
Find detailed analytics on LMP stock on TipRanks’ Stock Analysis page.