LondonMetric Property Offers Scrip Dividend Alternative for Fourth Quarterly Dividend

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

LondonMetric Property PLC has announced a fourth quarterly interim dividend of 3.3 pence per Ordinary Share, payable on 9 July 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 200.3 pence per share. This move could potentially enhance shareholder value by offering flexibility in dividend receipt, reflecting the company’s strategic focus on maintaining shareholder engagement and optimizing capital allocation.

The most recent analyst rating on (GB:LMP) stock is a Buy with a £215.00 price target. To see the full list of analyst forecasts on LondonMetric Property stock, see the GB:LMP Stock Forecast page.

Spark’s Take on GB:LMP Stock

According to Spark, TipRanks’ AI Analyst, GB:LMP is a Outperform.

LondonMetric Property scores well across financial performance, technical analysis, and corporate events. The company’s robust financial health and strategic corporate actions are significant strengths. Technical indicators show strong momentum, although caution is advised due to potential overbought conditions. The stock’s reasonable valuation and high dividend yield further bolster its attractiveness.

To see Spark’s full report on GB:LMP stock, click here.

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 distribution properties, catering to the growing demand for efficient supply chain solutions.

Average Trading Volume: 8,701,767

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.15B

See more insights into LMP stock on TipRanks’ Stock Analysis page.