ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

SGRO Segro Plc

889.00
3.40 (0.38%)
Last Updated: 13:33:38
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Segro Plc SGRO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
3.40 0.38% 889.00 13:33:38
Open Price Low Price High Price Close Price Previous Close
890.20 886.00 898.40 885.60
more quote information »
Industry Sector
REAL ESTATE INVESTMENT TRUSTS

Segro SGRO Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
16/02/2024FinalGBP0.19114/03/202415/03/202403/05/2024
27/07/2023InterimGBP0.08710/08/202311/08/202322/09/2023
17/02/2023FinalGBP0.18216/03/202317/03/202304/05/2023
28/07/2022InterimGBP0.08111/08/202212/08/202223/09/2022
19/02/2021FinalGBP0.15218/03/202119/03/202104/05/2021
09/06/2020InterimGBP0.06913/08/202014/08/202024/09/2020

Top Dividend Posts

Top Posts
Posted at 14/3/2024 10:58 by philanderer
xd for the 19.1p dividend today
Posted at 28/2/2024 07:23 by skinny
£900 million :-
Posted at 14/2/2024 14:15 by philanderer
Shore Capital rates Segro a ‘buy’ at current levels


Property investment and development group Segro (SGRO) is regaining momentum, but recent share price weakness offers a chance to invest, says Shore Capital.

Analyst Andrew Saunders retained his ‘buy’ recommendation on the warehouse and industrial property investor, which dropped 3% to 812p on Tuesday.

‘The shares are up by 23% from the low point in October 2023 but some recent price weakness in February offers investors another attractive opportunity to buy,’ said Saunders.

He said the industrial and logistics market had been subdued in previous years but is ‘nonetheless regaining momentum, particularly in the UK’.

‘Furthermore, recent transactions are increasingly taking place either at or above previous reported valuations, thus helping validate asset valuations, and recent data from the MSCI UK Monthly index also highlights a more resilient performance in capital growth from industrials,’ Saunders said.

Although the broader UK real estate investment trust (Reit) sector is embracing consolidation, Saunders believes Segro ‘already enjoys considerable scale and leading positions in many of its markets’.

‘It also has a strong equity growth story offering a forecast 8% compound annual growth rate in earnings per share growth over the next three years and expected growing momentum in asset value recovery,’ he said.


citywire.co.uk
Posted at 22/9/2023 12:31 by boozey
Dividend pay day today. Hopefully now on the slow path to recovery.
Posted at 10/8/2023 20:36 by boozey
Well we fell less than the value of the dividend today at least!
Posted at 09/8/2023 14:12 by philanderer
xd tomorrow morning for the 8.7p dividend
Posted at 27/7/2023 10:21 by philanderer
Happy to hold with this one.

jonwig , from the RNS.....

2023 interim dividend ex-div date 10 August 2023
2023 interim dividend record date 11 August 2023
2023 interim dividend payment date 22 September 2022
Posted at 27/7/2023 07:31 by jonwig
H1 results:



Operationally, pretty good, but NAV has certainly taken a hit at 937p.

Dividend is up at 8.7p, to be paid "on 22 September 2023 to shareholders on the register at the close of business on 9 August 2023". Is this a misprint? Register date is normally Friday, not Wednesday.
Posted at 15/5/2023 12:28 by philanderer
Q1 updates show Reits have turned a corner

NAVs are rising but that's not the only thing to put a smile on investors' faces


SGRO with a mention.
Posted at 17/2/2023 14:46 by jonwig
nexus, it's EU properties, further down the long announcement -

Under the UK REIT rules, we are required to pay out 90 per cent of UK-sourced, tax-exempt rental profits as a ‘Property Income Distribution’ (PID). Since we also receive income from our properties in Continental Europe, our total dividend should normally exceed this minimum level and we target a payout ratio of 85 to 95 per cent of Adjusted profit after tax. We aim to deliver a progressive and sustainable dividend which grows in line with our profitability in order to achieve our goal of being a leading income-focused REIT.

The Board has concluded that it is appropriate to recommend an increase in the final dividend per share by 1.3 pence to 18.2 pence (2021: 16.9 pence) which will be paid as an ordinary dividend. The Board’s recommendation is subject to approval by shareholders at the Annual General Meeting, in which event the final dividend will be paid on 4 May 2023 to shareholders on the register at the close of business on 17 March 2023.

In considering the final dividend, the Board took into account:

the policy of targeting a payout ratio of between 85 and 95 per cent of Adjusted profit after tax;
the desire to ensure that the dividend is sustainable and progressive throughout the cycle; and
the results for 2022 and the outlook for earnings.

The total dividend for the year will, therefore, be 26.3 pence, a rise of 8 per cent versus 2021 (24.3 pence) and represents distribution of 85 per cent of Adjusted profit after tax.

~~~~~~~~~~~~~~~~~~

The market has given some credit, but still a discount.

Your Recent History

Delayed Upgrade Clock