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

                                   

 

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