Londonmetric Property PLC (LON:LMP) declared a dividend on Wednesday, November 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 5th will be given a dividend of GBX 2 ($0.03) per share on Friday, January 10th. This represents a yield of 0.84%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be accessed at this link.
LON LMP opened at GBX 230.95 ($3.02) on Tuesday. The company has a debt-to-equity ratio of 46.06, a quick ratio of 0.70 and a current ratio of 0.73. The company has a market capitalization of $1.92 billion and a P/E ratio of 13.51. Londonmetric Property has a one year low of GBX 171.50 ($2.24) and a one year high of GBX 241.60 ($3.16). The stock has a 50 day moving average price of GBX 232.49 and a 200-day moving average price of GBX 213.84.
In other Londonmetric Property news, insider Patrick Vaughan sold 400,000 shares of the company’s stock in a transaction that occurred on Thursday, November 28th. The stock was sold at an average price of GBX 236 ($3.08), for a total transaction of £944,000 ($1,233,503.20).
Londonmetric Property Company Profile
LondonMetric is a FTSE 250 REIT (ticker: LMP) that specialises in distribution, convenience and long income property. It focuses on strong and growing income and enhancing capital values. LondonMetric has 13 million sq ft under management.
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