REG - LondonMetric - Dividend Declaration

Londonmetric PropertyAnnouncement

27/02/2025 07:15

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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

 

 

 

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For further information, please contact:

 

LondonMetric Property Plc                               +44 (0)20 7484 9000

Andrew Jones

Martin McGann

Gareth Price

 

 

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