GPE

Great Portland Estates Plc

501.00
-3.00 (-0.6%)
Share Name Share Symbol Market Stock Type
Great Portland Estates Plc GPE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-3.00 -0.6% 501.00 16:35:12
Open Price Low Price High Price Close Price Previous Close
497.80 495.20 508.50 501.00 504.00
more quote information »
Industry Sector
REAL ESTATE INVESTMENT & SERVICES

Great Portland Estates GPE Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
17/11/2022FinalGBP0.07901/06/202302/06/202310/07/2023
17/11/2022InterimGBP0.04724/11/202225/11/202204/01/2023
19/05/2022FinalGBP0.07926/05/202227/05/202211/07/2022

Top Dividend Posts

Top Posts
Posted at 24/3/2023 21:22 by nickrl
@EI despite fall divi yield still lousy but guess it has good assets in London that will support the share price at some point.
Posted at 24/3/2023 18:01 by essentialinvestor
Indeed, a smidge under 20% - all be it with a significant
multi year CAPEX development program ahead,
which they could flex.

GPE excel at consistent asset sales
through the cycle. Up to 2020 they had been net property sellers for 6/7 years. And some significant sales since.

Posted at 12/2/2023 14:09 by essentialinvestor
Where GPE perhaps do not get the credit they deserve, is in their outstanding record of astute asset sales, which once again we have evidence of in the recent transaction.
Posted at 02/9/2022 19:25 by nickrl
EI dividend is still at naff levels and with economic chaos on the horizon i can't see them lifting it. Of course they do have some good assets so someone would probably try take them out if the price fell too low so that will probably put a floor on how low they could go.
Posted at 01/7/2022 17:51 by essentialinvestor
Having been net sellers of property for over 6, if not 7 years in the run up to what
looks like a looming recession, GPE may be ideally placed to benefit from the next cycle.
As we may be early in this bear market, lower prices possibly available over the next few months.
One to watch at least.

Posted at 20/10/2015 09:25 by 18bt
This share price has perked up with an interim dividend and share buybacks. The problem is that they are awash with cash - still c15% discount to NAV, but that is histroically low and probably reflects the amount of cash - extract that and the discount is closer to 19%.
Posted at 01/5/2015 09:30 by skyship
18BT - I see I was wrong in stating no yield here. Actually paying an unchanged 15.5p total for a 2.7% yield.

However NAV performance disappointing; and to opt for buybacks is a lamentable decision. I have nothing against buybacks per se for asset-backed cos such as PE Trusts and propcos; however they should only be used when the discount has risen to levels well above peers. In the case of GPE the discount is still below that of peers!

They are being done to satisfy an institutional seller, so GPE funds are being wasted to help out a single shareholder. The funds would be better distributed to ALL shareholders through an increased dividend.

GPE remains a SELL in my book. Far better to buy into BPM ahead of the early June Prelims; and the rumoured sale of a large portfolio holding. An increase in the 205p NAV looks assured, so the current 28.8% discount at the 146p offer price suggests the stock is mis-priced...

Posted at 17/3/2015 09:41 by skyship
I personally feel that money is wasted in GPE - no yield and only a 15.4% NAV discount - well below peers.

You may want to wait for the Prelims next week (25th March); however in the meantime in the PE sector perhaps check out BPM for a 33% discount & JPEL for a 26% discount.

A look at most of the charts on the PE thread shows that comparatively speaking GPE has been dead money!

http://uk.advfn.com/cmn/fbb/thread.php3?id=26570589

Posted at 17/3/2015 08:10 by 18bt
Of all the PE houses, Graphite appear to have been very quiet - no deals since November. Nothing on GPE since IMS in October.
Posted at 26/9/2014 15:33 by jaws6
Good rns .plus talk of another special divi in there too
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