LMP.L LONDONMETRIC PROPERTY PLC ORD 1
Real Estate · REIT - Industrial
1.90
+0.58%
About the company
LondonMetric Property Plc is the UK's leading triple net lease REIT with a 8 billion pounds portfolio. It is aligned to structurally supported sectors of logistics, healthcare, convenience, entertainment and leisure. 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. LondonMetric Property Plc was established on October 01, 2007 and incorporated in 2007 in United Kingdom.
52-week range
Dividend deep dive
LONDONMETRIC PROPERTY PLC ORD 1 (LMP.L) operates in the REIT - Industrial sector. It currently offers a dividend yield of 6.73%, which is notably higher than its 5-year average yield of 5.04% and its 5-year high of 6.43%, suggesting undervaluation by yield theory. The fair value estimate is 11.2 GBP, significantly above the current price of 1.931 GBP. The company is classified as a 'challenger' in the CCC dividend growth tiers.
Dividend history
The company has demonstrated a consistent track record of dividend increases, boasting a 9-year dividend streak, placing it in the 'challenger' CCC tier. Over the past three years, the dividend has grown at a compound annual growth rate (CAGR) of 9.86%, and at 7.75% over five years. Recent dividends per share were 9.6 pence in 2023, with projected dividends of 11.4 pence in 2024 and 12.2 pence in 2025. Historical dividends include 14.0 pence (2014), 18.0 pence (2015), 7.2 pence (2016), 7.4 pence (2017), 7.6 pence (2018), 8.0 pence (2019), 8.4 pence (2020), 8.8 pence (2021), and 9.2 pence (2022). Payments are made quarterly.
Dividend safety
LONDONMETRIC PROPERTY PLC ORD 1's dividend safety indicators show a payout ratio of 100.0%, indicating all reported earnings are currently distributed as dividends.
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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.
Price history
Dividend profile
Yield band A stock's current dividend yield shown against its own range over the past five years — the low, average and high. Near the high end the shares look relatively cheap for the income they pay; near the low end, relatively expensive. It's the picture behind Dividend Yield Theory. Learn more → (5-year)
Payment calendar
Dividend history
Per-share dividend by year
Debt & leverage
Latest reported balance-sheet figures.
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