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Dividend Declaration

27th Feb 2025 07:00

RNS Number : 6114Y
LondonMetric Property PLC
27 February 2025
 

27 February 2025

LONDONMETRIC PROPERTY PLC

 Dividend Declaration

 

LondonMetric Property Plc ("LondonMetric") today declares a third quarterly interim dividend of 3.0 pence per Ordinary Share ("Dividend"), which is a 5.3% increase on the second quarterly dividend and a 25.0% increase on the previous year's third quarterly dividend.

 

The Dividend will be paid as a Property Income Distribution ("PID") and is in line with LondonMetric's progressive dividend policy and its full year dividend target of 12.0 pence per share (a 17.6% increase on the prior year).

 

The timetable is set out below and it is intended that a scrip dividend alternative will be available to shareholders:

 

Ex-Dividend date

6 March 2025

Record date

7 March 2025

Dividend payment date

11 April 2025

 

 

 

-Ends-

 

 

 

For further information, please contact:

 

LondonMetric Property Plc +44 (0)20 7484 9000

Andrew Jones

Martin McGann

Gareth Price

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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