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
9.50 12.52% 85.40 16:35:03
Open Price Low Price High Price Close Price Previous Close
77.80 77.80 86.30 85.40 75.90
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
27/07/2022InterimGBX0.8702/03/202230/06/202204/08/202205/08/202231/08/20220
27/04/2022InterimGBX0.8831/03/202131/03/202212/05/202213/05/202231/05/20223.5
27/01/2022InterimGBX0.8731/08/202131/12/202103/02/202204/02/202228/02/20220
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

Top Posts
Posted at 27/7/2022 10:01 by speedsgh
2.0% increase in NAV to 122.9p (31/3/22: 120.4p)... Trading Update and Net Asset Value as at 30 June 2022 - HTTPS://www.investegate.co.uk/picton-property-income-ltd--pctn-/prn/trading-update-and-net-asset-value-as-at-30-june-2022/20220727070000P4F2F/ -------------------------- 0.875p PID payable on 31/8... Dividend Declaration - HTTPS://www.investegate.co.uk/picton-property-income-ltd--pctn-/prn/dividend-declaration/20220727070100P72C9/ Ex-Dividend Date - 4 August 2022 Record Date - 5 August 2022 Pay Date - 31 August 2022
Posted at 26/5/2022 11:29 by spectoacc
3.7% might seem like a very good rate in a few years ;) But fair point, tho makes it all the more strange that PCTN held close to NAV for so long.
Posted at 26/5/2022 09:52 by nickrl
Sky they claim the average IR is now 3.7% mind you they paid out £4m to one of the lenders to amend terms. So disregarding that hit on cashflow they still have sufficient cash to up the divi by 10% but they haven't. Divi too low for me although its surprising how the REITS with heavy industrial weighting are still being treated like pariahs compared to logistics centric ones.
Posted at 26/5/2022 09:25 by skyship
120p! Great NAV rise. The problem with PCTN as I've often stated is that they failed to reschedule their debt, so continue to be saddled with another 9yrs of 4.2%. That is why the dividend yield is where it is; far lower than all their competitors.
Posted at 26/5/2022 08:45 by spectoacc
PCTN's a strange beast, "Look at us, we're going to be the consolidator, we're valued at only a few % below NAV". Did no consolidating, now valued at the bog-standard 20% discount to 120p NAV. Can understand some disconnect btwn NAVs & S/Ps with a possible recession looming, but the discounts to hugely rising NAVs is odd. ie they may well fall, but appear to be going a lot higher first. PCTN now joined BCPT, BREI, SLI, SREI etc, in the "spoiled for choice" category.
Posted at 27/4/2022 08:09 by speedsgh
Dividend Declaration - HTTPS://www.investegate.co.uk/picton-property-income-ltd--pctn-/prn/dividend-declaration/20220427080000P8BA4/ Picton today announces an interim dividend payment in respect of the financial period from 1 January 2022 to 31 March 2022, of 0.875 pence per share. The dividend timetable is set out below: Ex-Dividend Date - 12 May 2022 Record Date - 13 May 2022 Pay Date - 31 May 2022 The dividend of 0.875 pence per share will be designated as a property income distribution (‘PID’).
Posted at 27/1/2022 07:36 by speedsgh
Dividend Declaration and Increase - HTTPS://www.investegate.co.uk/picton-property-income-ltd--pctn-/prn/dividend-declaration-and-increase/20220127070100PA64D/ Picton today announces an increased interim dividend payment in respect of the financial period from 1 October 2021 to 31 December 2021, of 0.875 pence per share. This reflects a 2.9% uplift on the preceding quarter’s dividend of 0.85 pence per share and reinstates the dividend back to its pre-pandemic level. The dividend timetable is set out below: Ex-Dividend Date - 3 February 2022 Record Date - 4 February 2022 Pay Date - 28 February 2022 The dividend of 0.875 pence per share will be designated as a property income distribution (‘PID’).
Posted at 27/1/2022 07:21 by speedsgh
7.4% increase in NAV to 112.8p. Quarterly dividend reinstated to pre-Covid level of 0.875p (3.50p annualised). Perhaps surprisingly all new lettings/renewals for the quarter were below Sept 2021 ERV. LfL valuation changes: Industrial 10.4% Offices -0.6% Retail 3.3% And another mention of acquisition aspiration... "We are encouraged by the momentum in our asset management pipeline and our focus is on growing income and value further during 2022, through leasing and acquisition activity." Net Asset Value as at 31 December 2021 - HTTPS://www.investegate.co.uk/picton-property-income-ltd--pctn-/prn/net-asset-value-as-at-31-december-2021/20220127070000P2261/ Picton announces a 7.4% increase in Net Asset Value for the quarter ended 31 December 2021 and a further 2.9% dividend increase, restoring the dividend to its pre-pandemic level. Financial Highlights ~ Net assets of £615.7 million (30 September 2021: £573.6 million). ~ NAV/EPRA NTA per share increased by 7.4% to 112.8 pence (30 September 2021: 105.0 pence). ~ Total return for the quarter of 8.2% (30 September 2021: 6.0%). ~ LTV of 20.8% (30 September 2021: 21.9%). Operational Highlights ~ Like-for-like portfolio valuation uplift of 6.0% over the quarter. ~ Completed six lettings, across all sectors, with a combined annual rent of £0.2 million, 3% below the September 2021 ERV. ~ Renewed / regeared seven leases, predominantly in the office sector, with a combined annual rent of £0.6 million, 1% below the September 2021 ERV. ~ Secured an average increase of 22% against the previous passing rent from three rent reviews, all in the industrial sector, with a combined annual rent of £0.4 million which was in line with the September 2021 ERV. ~ Occupancy of 91% (30 September 2021: 93%). Rent Collection ~ 98% of December 2021 rents have been collected or are expected to be received under monthly payment plans. ~ 98% of September 2021 rents have been collected. Dividend increased by 2.9%, and returned to its pre-pandemic level ~ Increased interim dividend of 0.875 pence per share declared and to be paid on 28 February 2022 (30 September 2021: 0.85 pence per share). ~ Annualised dividend equivalent to 3.5 pence per share, delivering a dividend yield of 3.3%, based on 25 January 2022 share price. ~ Dividend cover for the quarter of 115% (30 September 2021: 122%). Lena Wilson CBE, Chair of Picton, commented: “The strength of NAV growth and underlying rent collection has given the Board confidence to restore the dividend to its pre-pandemic level, marking the fourth increase since it was reset at the start of the pandemic.” Michael Morris, Chief Executive of Picton, commented: “We have seen strong valuation performance this quarter, reflecting the improving demand in the market for assets such as ours. We are encouraged by the momentum in our asset management pipeline and our focus is on growing income and value further during 2022, through leasing and acquisition activity.”
Posted at 22/10/2021 08:19 by 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’).
Posted at 28/7/2021 08:09 by 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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