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LondonMetric Property ( (GB:LMP) ) has provided an announcement.
LondonMetric Property PLC has announced a second quarterly interim dividend of 2.85 pence per share, offering shareholders the option to receive new ordinary shares instead of cash. The scrip calculation price has been set at 185.8 pence per share, based on the average market price over five business days starting from the ex-dividend date. This initiative provides shareholders with flexibility and potentially enhances shareholder value.
More about LondonMetric Property
LondonMetric Property PLC operates in the real estate sector, specializing in property investment and management. The company focuses on logistics and distribution properties, catering to the evolving needs of the modern supply chain and retail industries.
YTD Price Performance: 0.90%
Average Trading Volume: 6,025,733
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £3.73B
See more insights into LMP stock on TipRanks’ Stock Analysis page.
