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HMSO Hammerson Plc

28.48
0.62 (2.23%)
Last Updated: 13:24:45
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Hammerson Plc HMSO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.62 2.23% 28.48 13:24:45
Open Price Low Price High Price Close Price Previous Close
28.62 28.12 28.62 27.86
more quote information »
Industry Sector
REAL ESTATE INVESTMENT TRUSTS

Hammerson HMSO Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
29/02/2024FinalGBP0.007804/04/202405/04/202410/05/2024
27/07/2023InterimGBP0.007224/08/202325/08/202302/10/2023
28/07/2022InterimGBP0.00206/10/202207/10/202203/11/2022
04/03/2022FinalGBP0.00231/03/202201/04/202210/05/2022
05/08/2021InterimGBP0.00228/10/202129/10/202107/12/2021
12/03/2021FinalGBP0.00201/04/202106/04/202113/05/2021
11/11/2020InterimGBP0.00219/11/202020/11/202018/12/2020
29/07/2019InterimGBP0.11129/08/201930/08/201907/10/2019

Top Dividend Posts

Top Posts
Posted at 12/9/2023 10:33 by williamcooper104
Yep Bringing back VAT free shopping for tourists would really help Bicester Rob Noel almost certainly saved land securities from going bust, and is likely to right the ship here - but don't see a quick recovery - obviously a UK consumer recession won't help My short profits from HMSO happily tucked up in the 26 and 28 bonds At some point Bicester will trade and a lot of bonds will be redeemed
Posted at 31/8/2023 22:11 by jaknife
That's a reasonable summary, they're looking to tender for the 2025 3.5%s and the 2026 6.0%s. On the face of it:

1. The 2028 7.25% bond is being placed with a single solid holder who isn't expected to trade it.

2. There must be a lot of loose 2025 3.5% bonds and 2026 6.0% bonds, which can presumably be picked up cheaply.

3. The investor must have a preference for a five-year bond (which the 2028 7.25% bond effectively is now) rather than the shorter maturities.

4. The net effect for HMSO is that they've extended the term of their debt, which most corporates are normally happy to do.

JakNife
Posted at 31/8/2023 16:59 by khinko
Hi, Anyone can explain that Is it correct my understanding that HMSO is trying to redeem 3.5% bonds maturing in 2025 and 6.0% bonds maturing in 2026 with the proceed from issuing GBP100m with 7.25% coupon bonds maturing in 2028?If it is correct, why they are doing like this?Thanks.
Posted at 27/7/2023 11:54 by williamcooper104
Though with cash divi restored looks like beginging to focus on equity
Posted at 31/3/2023 09:29 by jas0701
Here’s my take on HMSO, please correct me if I’m wrong.
This is from Hammerson PLC Final Results
Group portfolio value of GBP5.1bn (2021: GBP5.4bn)
Market Cap. 1,145.15m with share price at 24.86
So the share price that HMSO should be 4.45 x 24.86 = 110 pence ( Huge potential there !!!)
Long way to catch up.
Continues to anticipate re-instating a cash dividend for 2023
Even though not confirmed as yet but Please don’t sell and hold on for dividend as Final Dividend most of time been around end of March and beginning of April every year.
28 Jul 2022 Interim GBX 0.20 31/12/2021 31/12/2022 06/10/2022 07/10/2022 03/11/2021 -
04 Mar 2022 Final GBX 0.20 31/12/2020 31/12/2021 31/03/2022 01/04/2022 10/05/2022 0.40
05 Aug 2021 Interim GBX 0.20 31/12/2020 31/12/2021 28/10/2021 29/10/2021 07/12/2021 -
12 Mar 2021 Final GBX 0.20 31/12/2019 31/12/2020 01/04/2021 06/04/2021 13/05/2021 0.4
Posted at 23/3/2023 09:11 by jas0701
Last yearFinal Ex-Dividend Date30-Mar-2022Final Dividend Payment Date09-May-2022Do anyone know the dividend dates for this year?
Posted at 17/3/2023 11:50 by jas0701
Fill your boots with HMSO !!!Amazing opportunity created by the current crisis!!!
Posted at 07/10/2022 19:00 by williamcooper104
Another way of playing HMSO Buy the debt; invest some of the yield in call options Haven't done the maths on this yet; so mightn't make a lot of sense but worth having a think about yet
Posted at 05/10/2022 02:36 by jas0701
Can anyone in the know explain Court hearing to confirm the Proposed Capital Reduction please What is HMSO trying to do there?Will it effect share price?Any thoughts on holding shares for the dividend? is it worth it or not.
Posted at 18/10/2021 10:09 by trcml
I read your article. I am not a shareholder but I do know about commercial property which is my work as a professional adviser. Your own purchase share price is of no consequence (except to you) as sps are volatile at the best of times so it is very much a question of timing when to to buy).HMSO was in the FTSE 100 before it was demoted. Demotion implies inability to keep up. HMSO's decision to sell its office investments and focus on retail was also regarded by some as a mistake. You seem to have assessed HMSO's prospects based on rental revenue whereas prop-cos are valued to capital NAV. the drastic fall in the number of shopping centre investment sales in recent years is causing valuers to adopt a very cautious approach. Retailers nowadays want short term leases with break clause which affects the security of the rental stream. So for example instead of a 20 year lease with 5 yearly reviews which in the past might for a prime proposition have been valued at 4 or 5%, we now have 3 or 5 year leases with tenant break clause and no reviews valued at around 10%. (a suggestion o this forum some time ago as to why not break up the shop ping centres and sell the individual shop investments is a ndisableder because there is more to a shopping centre than the overt: the service charge takes care of the repair and maintenance of extensive communal areas including the car parking and air-conditioning. The costs could be apportioned but whether individual investors would be willing to take on the responsibility in the event the tenant fails to pay is unlikely.) HMSO haven't been as fortunate as many other prop- cos in getting 100% or close to rent paid each quarter. Many multiple retailers are on monthly rentsL accommodated but disliked. HMSO holdings are prime and flagships in good stead is of little consolation if the centres are not performing.

Most prop-cos borrow to finance their investments and developments. The cost of finance takes its toll both on operational non-recoverable expense and capital value. The loan-to-value covenant has to be maintained. HMSO was heavily indebted (not as dire as Intu which collapsed under the weight of its debt). It does not follow that selling assets to reduce debt there would be enough or anything left over. All in all, HMSo is not out of the woods yet. A sign of light will be when HMSO stops offering shares in exchange for shareholders not wanting dividends in cash.

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