LondonMetric Property Plc (LMP) To Go Ex-Dividend on December 5th

Posted by Marion Hillson on Nov 28th, 2024

LondonMetric Property Plc (LON:LMP – Get Free Report) announced a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, December 5th will be paid a dividend of GBX 2.85 ($0.04) per share on Monday, January 13th. This represents a yield of 1.5%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be viewed at this link.

LondonMetric Property Price Performance

Shares of LON LMP opened at GBX 194.30 ($2.46) on Thursday. LondonMetric Property has a 1 year low of GBX 178 ($2.26) and a 1 year high of GBX 210.80 ($2.67). The firm’s 50 day moving average price is GBX 197.72 and its 200 day moving average price is GBX 199.71. The firm has a market cap of £3.96 billion, a P/E ratio of 1,766.36, a price-to-earnings-growth ratio of 3.27 and a beta of 0.90. The company has a debt-to-equity ratio of 59.04, a quick ratio of 0.81 and a current ratio of 0.68.

Insider Buying and Selling at LondonMetric Property

In other LondonMetric Property news, insider Martin McGann sold 500,000 shares of LondonMetric Property stock in a transaction on Monday, September 30th. The shares were sold at an average price of GBX 204 ($2.59), for a total value of £1,020,000 ($1,293,103.45). 6.29% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LMP. Shore Capital restated a “buy” rating on shares of LondonMetric Property in a research report on Tuesday, September 24th. Citigroup upgraded shares of LondonMetric Property to a “buy” rating and set a GBX 251 ($3.18) target price on the stock in a research report on Wednesday, July 31st.

Check Out Our Latest Stock Analysis on LMP

About LondonMetric Property

(Get Free Report)

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a grocery-led long income portfolio, with 17 million sq ft under management. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.