LondonMetric to Issue New Shares Under Scrip Dividend Scheme

The latest announcement is out from LondonMetric Property ( (GB:LMP) ).

LondonMetric Property has confirmed that, in connection with its previously declared second quarterly interim dividend of 3.05 pence per ordinary share payable on 8 January 2026, it will issue 975,864 new ordinary shares under its scrip dividend scheme. The company is seeking admission of these shares to the Official List and to trading on the London Stock Exchange on 8 January 2026, after which its issued share capital will total 2,344,406,347 ordinary shares with one voting right each and no treasury shares, a new denominator for investors’ disclosure calculations under UK transparency rules.

The most recent analyst rating on (GB:LMP) stock is a Buy with a £220.00 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’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 GB:LMP stock, click here.

More about LondonMetric Property

LondonMetric Property is a UK-listed real estate investment trust focused on income-generating commercial property, with its shares traded on the London Stock Exchange and subject to the Financial Conduct Authority’s listing and disclosure regime.

Average Trading Volume: 6,059,247

Technical Sentiment Signal: Buy

Current Market Cap: £4.4B

Find detailed analytics on LMP stock on TipRanks’ Stock Analysis page.