LondonMetric Sets Scrip Price for Third Quarterly Dividend

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

LondonMetric Property has declared a third quarterly interim dividend of 3.05 pence per ordinary share, payable on 17 April 2026 to shareholders on the register as of 13 March. The company continues to position itself as a stable income vehicle in the UK listed property sector, offering regular cash returns underpinned by its commercial real estate portfolio.

Shareholders are being offered the option to receive this dividend in new ordinary shares via a scrip alternative, with a calculation price set at 193.7 pence per share, based on the average market price around the ex-dividend date. The scrip election, which closes on 27 March 2026, allows investors to reinvest dividends into equity and supports the company’s capital retention and balance sheet flexibility without immediate cash outflow.

The most recent analyst rating on (GB:LMP) stock is a Sell with a £205.00 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 LMP Stock

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

LondonMetric Property’s overall stock score is driven by strong financial performance and positive earnings call insights. The company’s strategic acquisitions and successful bond issuance further enhance its growth prospects. While technical indicators are stable, the attractive valuation and high dividend yield add to its appeal. However, attention to rising debt levels and profit consistency is advised.

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

More about LondonMetric Property

LondonMetric Property is a UK-listed real estate investment company focused on income-producing commercial property. It primarily invests in and manages assets such as logistics and retail properties, targeting predictable rental income and sustainable dividends for its shareholders in the listed property sector.

The company’s strategy centres on providing regular returns to investors through quarterly dividends, supported by a diversified portfolio and active capital management. Its shareholder base includes institutional and retail investors who often opt between cash dividends and share-based alternatives to manage income and reinvestment preferences.

Average Trading Volume: 7,760,820

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.54B

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