Londonmetric Property PLC (LON:LMP) announced a dividend on Wednesday, November 29th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be given a dividend of GBX 1.85 ($0.02) per share on Wednesday, January 10th. This represents a yield of 1.06%. The ex-dividend date is Thursday, December 7th. The official announcement can be viewed at this link.

Londonmetric Property (LON:LMP) traded down GBX 4.70 ($0.06) on Wednesday, reaching GBX 175.20 ($2.36). The company had a trading volume of 800,611 shares, compared to its average volume of 1,500,000. Londonmetric Property has a fifty-two week low of GBX 138.80 ($1.87) and a fifty-two week high of GBX 183.70 ($2.47).

Londonmetric Property (LON:LMP) last released its earnings results on Wednesday, November 29th. The company reported GBX 4.20 ($0.06) earnings per share (EPS) for the quarter, hitting the consensus estimate of GBX 4.20 ($0.06). The business had revenue of GBX 4,063 million for the quarter. Londonmetric Property had a return on equity of 15.33% and a net margin of 192.05%.

LMP has been the topic of several research analyst reports. Jefferies Group restated a “hold” rating and issued a GBX 190 ($2.56) price objective on shares of Londonmetric Property in a research note on Thursday, November 30th. Peel Hunt upped their price objective on Londonmetric Property from GBX 180 ($2.42) to GBX 195 ($2.62) and gave the company an “add” rating in a research note on Wednesday, November 29th. Numis Securities restated a “hold” rating and issued a GBX 163 ($2.19) price objective on shares of Londonmetric Property in a research note on Thursday, October 19th. J P Morgan Chase & Co upped their price objective on Londonmetric Property from GBX 195 ($2.62) to GBX 200 ($2.69) and gave the company an “overweight” rating in a research note on Wednesday. Finally, Liberum Capital restated a “hold” rating and issued a GBX 155 ($2.09) price objective on shares of Londonmetric Property in a research note on Monday, October 2nd. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 181.43 ($2.44).

In other news, insider Martin McGann bought 62,500 shares of the firm’s stock in a transaction dated Friday, September 29th. The shares were bought at an average price of GBX 167 ($2.25) per share, with a total value of £104,375 ($140,477.79). Insiders bought 272,870 shares of company stock worth $45,328,656 in the last ninety days.

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Londonmetric Property Company Profile

LondonMetric Property Plc is a property investment and development company. The Company’s segments include Retail, Distribution, Offices, Residential and Development. The Company is involved in retailer-led distribution, out of town and convenience retail. The Company’s portfolio includes distribution and retail businesses across the United Kingdom.

Dividend History for Londonmetric Property (LON:LMP)

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