Picton Property Income Ld Dividends - PCTN

Picton Property Income Ld Dividends - PCTN

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Stock Name Stock Symbol Market Stock Type
Picton Property Income Ld PCTN London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.80 0.81% 100.00 16:27:03
Open Price Low Price High Price Close Price Previous Close
99.40 99.20 100.00 100.00 99.20
more quote information »
Industry Sector
REAL ESTATE INVESTMENT & SERVICES

Picton Property Income Ld PCTN Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
22/10/2021InterimGBX0.8530/03/202130/09/202104/11/202105/11/202130/11/20210
28/07/2021InterimGBX0.8502/03/202130/06/202105/08/202106/08/202131/08/20210
30/04/2021InterimGBX0.831/03/202031/03/202113/05/202114/05/202128/05/20212.92
28/01/2021InterimGBX0.831/08/202031/12/202004/02/202105/02/202126/02/20210
26/10/2020InterimGBX0.730/03/202030/09/202005/11/202006/11/202030/11/20200
24/07/2020InterimGBX0.6201/03/202030/06/202006/08/202007/08/202028/08/20200
28/04/2020InterimGBX0.6331/03/201931/03/202007/05/202011/05/202029/05/20203.25
03/02/2020InterimGBX0.8731/08/201931/12/201913/02/202014/02/202028/02/20200
24/10/2019InterimGBX0.8830/03/201930/09/201931/10/201901/11/201929/11/20190
29/07/2019InterimGBX0.8702/03/201930/06/201908/08/201909/08/201930/08/20190
24/05/2019InterimGBX0.8831/03/201831/03/201909/05/201910/05/201931/05/20193.5
23/01/2019InterimGBX0.8731/08/201831/12/201831/01/201901/02/201928/02/20190
23/10/2018InterimGBX0.8830/03/201830/09/201815/11/201816/11/201830/11/20180
24/07/2018InterimGBX0.8702/03/201830/06/201809/08/201810/08/201831/08/20180
24/04/2018InterimGBX0.8831/03/201731/03/201810/05/201811/05/201831/05/20183.45
24/01/2018InterimGBX0.8731/08/201731/12/201708/02/201809/02/201828/02/20180
15/11/2017InterimGBX0.8530/03/201730/09/201716/11/201717/11/201730/11/20170
25/07/2017InterimGBX0.8502/03/201730/06/201710/08/201711/08/201731/08/20170
25/04/2017InterimGBX0.8531/03/201631/03/201711/05/201712/05/201731/05/20173.35
24/01/2017InterimGBX0.8531/08/201631/12/201609/02/201710/02/201728/02/20170
15/11/2016InterimGBX0.8330/03/201630/09/201610/11/201611/11/201630/11/20160
20/07/2016InterimGBX0.8201/03/201630/06/201611/08/201612/08/201631/08/20160
20/04/2016InterimGBX0.8331/03/201531/03/201612/05/201613/05/201631/05/20163.3
21/01/2016InterimGBX0.8231/08/201531/12/201511/02/201612/02/201629/02/20160
17/11/2015InterimGBX0.8330/03/201530/09/201512/11/201513/11/201530/11/20150
28/07/2015InterimGBX0.8202/03/201530/06/201513/08/201514/08/201528/08/20150
20/04/2015InterimGBX0.82531/03/201431/03/201514/05/201515/05/201529/05/20153.08
21/01/2015InterimGBX0.7531/08/201431/12/201412/02/201513/02/201527/02/20150
20/10/2014InterimGBX0.7530/03/201430/09/201413/11/201414/11/201428/11/20140
23/07/2014InterimGBX0.7502/03/201430/06/201413/08/201415/08/201429/08/20140
23/04/2014InterimGBX0.7531/03/201331/03/201414/05/201416/05/201430/05/20143
22/01/2014InterimGBX0.7531/08/201331/12/201312/02/201414/02/201428/02/20140
22/10/2013InterimGBX0.7530/03/201330/09/201313/11/201315/11/201329/11/20130
24/07/2013InterimGBX0.7502/03/201330/06/201314/08/201316/08/201330/08/20130
29/04/2013InterimGBX0.7501/12/201231/03/201315/05/201317/05/201331/05/20133.25
28/01/2013InterimGBX0.7531/08/201231/12/201213/02/201315/02/201328/02/20130
24/10/2012InterimGBX0.7530/05/201230/09/201214/11/201216/11/201230/11/20120
31/07/2012InterimGBX101/03/201230/06/201208/08/201210/08/201224/08/20120
25/04/2012InterimGBX101/12/201131/03/201209/05/201211/05/201225/05/20124
26/01/2012InterimGBX131/08/201131/12/201108/02/201210/02/201224/02/20120
25/10/2011InterimGBX130/05/201130/09/201109/11/201111/11/201125/11/20110
28/07/2011InterimGBX102/03/201130/06/201110/08/201112/08/201126/08/20110
27/04/2011InterimGBX0.7501/12/201031/03/201111/05/201113/05/201127/05/20113.75
31/01/2011InterimGBX131/08/201031/12/201009/02/201111/02/201128/02/20110
25/10/2010InterimGBX130/05/201030/09/201010/11/201012/11/201030/11/20100
29/07/2010InterimGBX102/03/201030/06/201011/08/201013/08/201031/08/20100
15/04/20101GBX101/12/200931/03/201005/05/201007/05/201028/05/20100
03/02/20101GBX131/08/200931/12/200910/02/201012/02/201026/02/20104
09/10/20091GBX130/05/200930/09/200911/11/200913/11/200930/11/20090
28/07/20091GBX102/03/200930/06/200912/08/200914/08/200928/08/20090
03/02/20091GBX131/08/200831/12/200811/02/200913/02/200927/02/20095.12
04/11/20081GBX130/05/200830/09/200812/11/200814/11/200828/11/20080
06/08/20081GBX1.562501/03/200830/06/200813/08/200815/08/200829/08/20080
08/05/20081GBX1.562501/12/200731/03/200814/05/200816/05/200830/05/20080
05/02/2008FinalGBX1.5631/08/200731/12/200713/02/200815/02/200829/02/20086.25
31/10/20071GBX1.5630/05/200730/09/200714/11/200716/11/200730/11/20070
09/08/20071GBX1.5602/03/200730/06/200715/08/200717/08/200731/08/20070
10/05/20071GBX1.5601/12/200631/03/200716/05/200718/05/200731/05/20070
05/02/2007FinalGBX1.5631/08/200631/12/200614/02/200716/02/200728/02/20076.25
02/11/20061GBX1.5630/05/200630/09/200608/11/200610/11/200630/11/20060
10/08/20061GBX1.5602/03/200630/06/200616/08/200618/08/200631/08/20060
11/05/20061GBX1.5601/12/200531/03/200617/05/200619/05/200631/05/20060
09/02/2006FinalGBX1.1631/12/200431/12/200515/02/200617/02/200628/02/20061.16

Top Dividend Posts

DateSubject
26/11/2021
16:39
skyship: Rock solid performance from PCTN. Market dn c3.3%; PCTN weakens to just under 98p then rallies to close 0.2p UP!
24/11/2021
13:10
speedsgh: First posted by SKYSHIP on the CP+ thread... HTTPS://uk.advfn.com/cmn/fbb/thread.php3?id=29245091&from=1190#firstpost SKYSHIP - 23 Nov '21 - 15:33 - 1190 of 1193 Interesting interview with the CEO of PCTN. Last 2mins deals with thoughts of M&A in the sector. HTTPS://www.edisongroup.com/edison-tv/interview-with-michael-morris-ceo-of-picton-property-income/
10/11/2021
14:05
flyer61: Surely they will work with a BOD/management team and aim for an agreed deal. ie those in the trough get a new trough.. PCTN getting a good deal. Topped up AIRE this morning. MCKS seems down and out...but everything has it's price. SREI has some nice assets as does BREI. SLI seems to be in a rut. EPIC is defo in a hot sector...looking forward to 5.5P dividend and a nice revision upwards in the NAV.
10/11/2021
10:53
spectoacc: Really interesting, missed the M&A comment, thanks. AIRE perhaps too - ahem - unique. Arguably EPIC too, but in an almost hot sector. HCFT another oddity. PCTN def in the driving seat, a small discount to NAV. But what Boards would willingly give up their jobs/expense accounts? Ideally a REIT with a small/no manager holding or influence, but perhaps with a large shareholder willing to exit - as happened at DRUM very recently (CREI got a bargain). If they were going to do it, they may as well go large - agree BREI, SLI, SREI all candidates. BCPT at a fat discount and very large, but another probably too far in the "oddity" category - would expect PE more likely to take it, or one of the other West End REITs. Only takes PCTN to do one deal to narrow the entire sector. Bring it on. (Tho does the comment also suggest they'd look to merge with unlisted/UT funds?).
10/11/2021
09:08
skyship: Very interesting comments. Surely suggests a bit of M&A en route. What will be their target? PCTN has a MCap of £547m. Possible targets: # AIRE: £59m # BREI: £203m # EPIC: £162m # HCFT: £44m # MCKS: £205m # SLI: £309m # SREI: £250m AIRE & HCFT seem to small MCKS perhaps too office committed (67%) EPIC discount perhaps insufficient at 13.5% That leaves BREI, SLI & SREI
10/11/2021
07:27
speedsgh: Cracking results. NAV 105p (31/3/21: 97p). Total return of 10.2%. Dividend cover 121%. Dividend now at 97% of pre-pandemic level... Half Year Results - HTTPS://www.investegate.co.uk/picton-property-income-ltd--pctn-/prn/half-year-results/20211110070000PA4CD/ And some teasers... "As we plan for the future, we continue to evaluate our options to grow the business and intend to actively pursue further accretive opportunities."... ... "Since the start of the pandemic, many UK listed commercial property companies have traded at an increased discount to their net asset values. This divergence in real estate equity pricing is more pronounced in some companies than others and we view the situation across the sector as unsustainable in the long-term. Combined with well-publicised issues in unlisted property funds, we believe there is an opportunity for the market to benefit from some consolidation in order to generate the economies of scale that can be achieved through the removal of duplicated management costs, improved liquidity and greater overall efficiency. The combination of our track record, cost base and internalised structure, means we are well placed to create further shareholder value by increasing the size of our portfolio. We will continue to engage to facilitate growth in a way that is attractive for our shareholders and the wider market."
10/11/2021
07:22
skyship: Interims in the Header: ======================= Picton announces its half year results for the period to 30 September 2021. Strong financial results * 8.6% increase in net assets to £574 million, or 105p per share * Profit of £54.4 million * EPRA earnings of £10.9 million * Total return of 10.2% * Shareholder return of 12.7% * Dividend cover of 121% * Dividend increased by 6.3% over the period * Loan to value ratio of 22%
22/10/2021
07:19
speedsgh: Dividend Declaration - HTTPS://www.investegate.co.uk/picton-property-income-ltd--pctn-/prn/dividend-declaration/20211022080000P71CA/ Picton today announces an interim dividend payment in respect of the financial period from 1 July 2021 to 30 September 2021, of 0.85 pence per share. The dividend timetable is set out below: Ex-Dividend Date - 4 November 2021 Record Date - 5 November 2021 Pay Date - 30 November 2021 The dividend of 0.85 pence per share will be designated as a property income distribution (‘PID’).
28/7/2021
07:10
speedsgh: Dividend Declaration and Increase - HTTPS://www.investegate.co.uk/picton-property-income-ltd--pctn-/prn/dividend-declaration-and-increase/20210728070000P50CA/ Picton today announces an increased interim dividend payment in respect of the financial period from 1 April 2021 to 30 June 2021, of 0.85 pence per share. This reflects a 6.3% uplift on the preceding quarter’s dividend of 0.8 pence per share. The dividend timetable is set out below: Ex-Dividend Date - 5 August 2021 Record Date - 6 August 2021 Pay Date - 31 August 2021 The dividend of 0.85 pence per share will be designated as a property income distribution (‘PID’).
28/7/2021
07:09
speedsgh: Net Asset Value as at 30 June 2021 - HTTPS://www.investegate.co.uk/picton-property-income-ltd--pctn-/prn/net-asset-value-as-at-30-june-2021/20210728070000P2112/ Financial Highlights ~ Net assets of £545.7 million (31 March 2021: £528.2 million). ~ NAV/EPRA NTA per share increased by 3.2% to 99.9 pence (31 March 2021: 96.8 pence). ~ Total return for the quarter of 4.0% (31 March 2021: 2.2%). ~ LTV of 20.6% (31 March 2021: 20.9%). Operational Highlights ~ Like-for-like portfolio valuation uplift of 2.9% over the quarter. ~ Completed seven lettings, across all sectors, 2% below the March 2021 ERV with a combined annual rent of £0.9 million. ~ Secured an average increase of 21% against the previous passing rent from six rent reviews, all in the industrial sector, with a combined annual rent of £0.5 million which was 15% ahead of the March 2021 ERV. ~ Stable occupancy of 91% (31 March 2021: 91%). Rent Collection ~ 94% of June 2021 rents have been collected or are expected to be received under monthly payment plans. The collection rate is expected to improve further over the coming weeks. ~ Rent collection rate of 95% for the March 2021 quarter. Dividend increased by 6.3% ~ Interim dividend of 0.85 pence per share declared and to be paid on 31 August 2021 (31 March 2021: 0.8 pence per share). ~ Annualised dividend equivalent to 3.4 pence per share, delivering a dividend yield of 3.8%, based on 26 July 2021 share price. ~ Dividend cover for the quarter of 121% (31 March 2021: 122%). Lena Wilson CBE, Chair of Picton, commented: “This is the fourth consecutive quarter that we have delivered growth in net assets. In addition, we have taken the positive step to announce today a further 6.3% dividend increase.” Michael Morris, Chief Executive of Picton, commented: “We’ve had another successful quarter and are encouraged by our pipeline of activity across all sectors. This reflects improving sentiment as lockdown restrictions ease and as market conditions normalise.”
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