Stenprop Dividends - STP

Stenprop Dividends - STP

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Stock Name Stock Symbol Market Stock Type
Stenprop Limited STP London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 181.75 01:00:00
Open Price Low Price High Price Close Price Previous Close
181.75 181.75
more quote information »

Stenprop STP Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

nickrl: MLI out with Q2 trading update no NAV update like some others but now predominantly industrial following its various disposals. Still picking up industrial estates at NIY of 6.5-7% which seems good given how heated this sector is although they are more down the smaller unit end so perhaps not as useful for logistics/online. Link below as the ticker has changed to MLI so not being picked up Yield not great at 3.6% and divi already reported to stay unchanged in FY22 and as trading on a hefty premium not sure there is much more to be had here but ought to be steady income with at least inflationary boost up every year now the transition is largely complete.
cwa1: Prelims released, in case anyone else is interested...
cwa1: DISPOSAL OF BERLIN SHOPPING CENTRE FOR €30.8 MILLION Hermann Quartier sale will conclude €95 million of non-core disposals in the financial year to date at an average of 18% above March valuation, providing further capital to recycle into multi-let industrial Stenprop, the UK multi-let industrial ("MLI") property company, announces that it has exchanged contracts on the sale of its freehold interest in the Hermann Quartier shopping centre in Berlin, Germany (the "disposal") to Munich based firm ILG Capital GmbH, acting on behalf of the regulated special property fund ILG Einkaufen D managed by IntReal International Real Estate Kapitalverwaltungsgesellschaft mbH, for € 30.8 million. The disposal price is in line with the 30 September book value^ and reflects a 19% premium to the 31 March 2020 valuation.
playful: You cant complain about today’s results and the increase in leasing enquires underpins the investment case here.. Financial Highlights: continued balance sheet strength -- 4.4% increase in diluted IFRS net asset value per share to GBP1.43 (31 March 2020: GBP1.37). -- 4.3% growth in EPRA Net Tangible Assets ('NTA') per share to GBP1.44 (31 March 2020: GBP1.38) driven by an asset management led uplift in property values, with like-for-like total portfolio valuation growth of 4.4%. -- Diluted IFRS EPS was 8.38 pence (2019: 4.59 pence). Adjusted EPS was 3.40 pence (2019: 3.41 pence). -- Strong balance sheet with cash and cash equivalents of GBP51.1 million, including free cash of approximately GBP40 million. -- Group LTV was 36.6% (March 2020: 40.8%), falling to 29.6% when applying free cash (March 2020: 27.7%). Significant headroom exists for both interest cover and LTV loan covenants. Maintenance of fully covered dividend -- Fully covered dividend maintained at 3.375 pence per share for the six months ended 30 September 2020. A scrip alternative will be offered, which the directors intend to match through the buyback of shares.
cwa1: Disposal of Berlin retail park:-
oshy92: Short TV interviews with CEO, FD and Exec Property Director below: (CEO) (FD & Property Director)
battlebus2: Good article on STP hTTp://
cwa1: Duplicate post
cwa1: Director sale:-
playful: We are all on the same page... Miton can’t get enough STP! hTTps://
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