Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: Wynnstay Properties Cuts Annual Dividend As Profit Falls

31st Jul 2020 15:34

Wynnstay Properties PLC - London-based property investor - For the year ended March 25, pretax profit plunges to GBP258,000 from GBP2.2 million the year before, due to fair value of investment properties at loss of GBP1.3 million, from a gain of GBP771,000. This is in spite of an edge upwards by 2.5%in property income at GBP2.3 million from GBP2.2 million. As at March 25, net asset value was down 1.9% year-on-year at 792 pence per share from 807p. Dividend per share lowered by 21% to 15.0p from 19.0p.

Current stock price: 605.00 pence

Year-to-date change: up 3.4%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


Related Shares:

Wynnstay Props.
FTSE 100 Latest
Value8,809.74
Change53.53