LondonMetric Offers Scrip Dividend Alternative for Third Quarterly Dividend

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

LondonMetric Property PLC has announced a third quarterly interim dividend of 3.0 pence per Ordinary Share, payable on 11 April 2025. Shareholders have the option to receive this dividend in the form of new Ordinary Shares instead of cash, with the Scrip Calculation Price set at 177.3 pence per share. This move allows shareholders to potentially increase their shareholding in the company, reflecting LondonMetric’s commitment to providing flexible dividend options and enhancing shareholder value.

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, long income, and retail properties, targeting sustainable and income-focused investments.

YTD Price Performance: 0.21%

Average Trading Volume: 5,651,913

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £3.64B

For an in-depth examination of LMP stock, go to TipRanks’ Stock Analysis page.