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An announcement from Picton Property Income ( (GB:PCTN) ) is now available.
Picton Property Income Limited has announced an interim dividend of 0.925 pence per share for the financial period from 1 October 2024 to 31 December 2024, which will be classified as a property income distribution. The dividend is part of Picton’s ongoing strategy to deliver consistent income returns, maintaining its position as a leading diversified UK REIT while adapting to market trends.
More about Picton Property Income
Picton Property Income Limited, established in 2005, is a UK-based real estate investment trust (REIT) listed on the London Stock Exchange. It manages a £737 million commercial property portfolio across 48 assets with around 350 occupiers. The company focuses on an occupier-led approach and aims for consistent upper quartile performance, with a strategic preference for the industrial sector. Picton is committed to achieving net zero carbon by 2040.
YTD Price Performance: -3.16%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $412M
For detailed information about PCTN stock, go to TipRanks’ Stock Analysis page.