Hammerson Plc (LON:HMSO) to Issue Dividend of GBX 8.07

Hammerson Plc (LON:HMSO - Get Free Report) announced a dividend on Wednesday, February 26th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be given a dividend of GBX 8.07 ($0.11) per share by the real estate investment trust on Tuesday, June 3rd. This represents a yield of 3.2%. The ex-dividend date is Thursday, April 24th. This is a 967.5% increase from Hammerson's previous dividend of $0.76. The official announcement can be accessed at this link.

Hammerson Price Performance

HMSO opened at GBX 255.60 ($3.42) on Tuesday. The firm has a market cap of £1.25 billion, a PE ratio of -46.63, a P/E/G ratio of 1.68 and a beta of 2.30. The stock has a 50-day moving average price of GBX 256.87 and a 200-day moving average price of GBX 277.57. Hammerson has a 1 year low of GBX 219.20 ($2.93) and a 1 year high of GBX 325 ($4.35). The company has a debt-to-equity ratio of 80.77, a current ratio of 10.65 and a quick ratio of 1.28.

Hammerson (LON:HMSO - Get Free Report) last issued its earnings results on Wednesday, February 26th. The real estate investment trust reported GBX 19.90 ($0.27) earnings per share (EPS) for the quarter. Hammerson had a negative net margin of 346.30% and a negative return on equity of 25.94%. Sell-side analysts predict that Hammerson will post 20.7491639 earnings per share for the current fiscal year.

Insider Activity at Hammerson

In related news, insider Habib Annous bought 55,050 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was acquired at an average cost of GBX 270 ($3.61) per share, for a total transaction of £148,635 ($198,896.03). Also, insider Himanshu Raja sold 44,509 shares of the firm's stock in a transaction on Friday, April 4th. The stock was sold at an average price of GBX 239 ($3.20), for a total value of £106,376.51 ($142,347.80). 77.21% of the stock is currently owned by insiders.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.

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