Uk Commercial Property R... Dividends UKCM

Dividends

Announcement Date	Type	Currency	Amount	Ex-Dividend Date	Record Date	Payment
07/2/2024	Dividend income or Cash Dividend	GBP	0.0085	15/2/2024	16/2/2024	29/2/2024
08/11/2023	Dividend income or Cash Dividend	GBP	0.0085	16/11/2023	17/11/2023	30/11/2023
08/8/2023	Dividend income or Cash Dividend	GBP	0.0085	17/8/2023	18/8/2023	31/8/2023
10/5/2023	Dividend income or Cash Dividend	GBP	0.0085	18/5/2023	19/5/2023	31/5/2023
01/2/2023	Dividend income or Cash Dividend	GBP	0.0085	09/2/2023	10/2/2023	28/2/2023
07/11/2022	Dividend income or Cash Dividend	GBP	0.0085	17/11/2022	18/11/2022	30/11/2022
10/8/2022	Dividend income or Cash Dividend	GBP	0.0085	18/8/2022	19/8/2022	31/8/2022
10/8/2022	Dividend income or Cash Dividend	GBP	0.0192	18/8/2022	19/8/2022	31/8/2022
04/5/2022	Dividend income or Cash Dividend	GBP	0.008	12/5/2022	13/5/2022	27/5/2022
03/2/2022	Dividend income or Cash Dividend	GBP	0.0075	10/2/2022	11/2/2022	25/2/2022
04/11/2021	Dividend income or Cash Dividend	GBP	0.00644	11/11/2021	12/11/2021	26/11/2021
05/8/2021	Dividend income or Cash Dividend	GBP	0.00644	12/8/2021	13/8/2021	27/8/2021
05/5/2021	Dividend income or Cash Dividend	GBP	0.00644	13/5/2021	14/5/2021	28/5/2021
23/4/2021	Dividend income or Cash Dividend	GBP	0.00531	06/5/2021	07/5/2021	21/5/2021
04/2/2021	Dividend income or Cash Dividend	GBP	0.0046	11/2/2021	12/2/2021	26/2/2021
05/11/2020	Dividend income or Cash Dividend	GBP	0.0046	12/11/2020	13/11/2020	30/11/2020
06/8/2020	Dividend income or Cash Dividend	GBP	0.0046	13/8/2020	14/8/2020	28/8/2020
27/4/2020	Dividend income or Cash Dividend	GBP	0.0046	14/5/2020	15/5/2020	29/5/2020
06/2/2020	Dividend income or Cash Dividend	GBP	0.0092	13/2/2020	14/2/2020	28/2/2020
06/11/2019	Dividend income or Cash Dividend	GBP	0.0092	14/11/2019	15/11/2019	29/11/2019
01/8/2019	Dividend income or Cash Dividend	GBP	0.0092	15/8/2019	16/8/2019	30/8/2019
02/5/2019	Dividend income or Cash Dividend	GBP	0.0092	16/5/2019	17/5/2019	31/5/2019

Dividends data is taken only from official company reports.

Top Dividend Posts

Top Posts
Posted at 20/4/2024 13:08 by spectoacc Interesting angle from The Times, basically pointing out that Phoenix gets a fee rebate from UKCM - and always have done - on their shareholding. Since the merger is with another abrdn fund, Phoenix will likely continue to get that rebate, something not available to other shareholders. Read Full Thread Reply
Posted at 25/3/2024 18:05 by nickrl From citywire UKCM chairman to abstain from voting for merger with BBOX hxxps://citywire.com/investment-trust-insider/news/we-could-have-got-a-better-deal-ukcm-chair-abstains-from-tritax-vote/a2439045 "Pereira Gray said a better offer could have been forthcoming had there been ‘a more open and comprehensive sales process’. Although the deal is supported by UKCM’s largest shareholders – Phoenix Wealth and Investec – Pereira Gray questioned whether it is ‘the highest price or the best value that could have been achieved’. He doubled-down and stated that a liquidation would generate a higher net return to shareholders than the 71p per share being offered by Tritax, but acknowledged that ‘a merger with Tritax could deliver a higher net present value… over time assuming growth in the value of Tritax’s core investment portfolio and possible narrowing of the discount’" Needs to have a word with his colleague at API to grow a backbone Read Full Thread Reply
Posted at 13/2/2024 09:26 by sleepy What if UKCM were to liquidate their portfolio and return proceeds to shareholders? Read Full Thread Reply
Posted at 12/2/2024 18:59 by topvest I thought it was odd that UKCM announced at 7am they were considering the bid with the RNS dated Friday. BBOX then came out with an RNS saying it was agreed. Peter Gray is dissenting as UKCM chair, but has been voted 4 to 1 against. UKCM still not put another RNS out, presumably because Peter doesn't want to put his name to it. Sounds like a bit of a boardroom bust-up and Peter Gray has thrown his toys out of the pram! Anyway, it's not a great deal, so you can see why he's not happy, particularly as he will be losing his job. UKCM was a good size UK diversified REIT and lowly geared. It always struggled though because of the Phoenix controlling stake. On balance, I am just about positive for the merger. I think UKCM lost a bit of investor respect taking on debt at the wrong time and entering into the dubious Hyatt hotel development at the wrong time. Read Full Thread Reply
Posted at 12/2/2024 17:00 by mindthestash Apart from MLI these proposals are mergers and only offer so called synergies/savings from a larger group. I've been in property for some years and bigger doesn't mean better management. Big boxes and small boxes have different tenants and different management styles are needed. If the UKCM price improves a little more I might be tempted to sell now and reinvest elsewhere. Read Full Thread Reply
Posted at 12/2/2024 15:34 by redsonning No this is not a good deal for UKCM shareholders. BBOX are just taking the opportunity to effectively acquire the UKCM assets at much below NAV. And that in a market which is bumping along the bottom, and will fly as interest rates come down. Having acquired a substantial holding of UKCM I'm not in any hurry to have BBOX take that off me, or to become a shareholder in the enlarged group (which will basically be BBOX+). It is significant that the chairman is not convinced. If I had to be removed as a shareholder, then I would at least expect a true NAV price, not a convoluted attempt to convince me that this is fair value taking into account the market discounts. At the market discounts UKCM is a give away, whereas BBOX is not. Read Full Thread Reply
Posted at 12/2/2024 13:10 by llef I had not realised that BBOX (3 billion GBP) were so much bigger than UKCM (900m GBP). UKCM have 40% in offices+retail+other. This segment will only comprise about 10% of the combined group, so not that much really in the grand scheme of things. Read Full Thread Reply
Posted at 12/2/2024 12:28 by topvest Yes, its an interesting deal and a tad surprising. Benefits are probably around 1. Selling 40% of UKCMs non-logistics assets; 2. Use additional capital to buy more logistics assets; 3. Reduced costs and 4. For UKCM, eliminate the Phoenix blocking stake. It's a done deal on the UKCM side. I hold both, so am relatively relaxed. It's a better deal for UKCM than BBOX though as the share prices indicate. Read Full Thread Reply
Posted at 12/2/2024 09:00 by spectoacc Surprised BBOX only off 2.5%. Wondering if this is a scheme to get into the FTSE100 & attract tracker money. But why not buy something where there's genuine synergies, and much less execution risk. BCPT is the other that's held up remarkably well, with a similar chart to UKCM. Read Full Thread Reply
Posted at 12/2/2024 07:36 by spectoacc Interesting that one board director is against it, and that they've been in discussions for ages. But main interest is - why on earth does BBOX want UKCM? They solely talk about the logistics assets, so are they going to sell everything else? Offices, hotels, cinemas, retail? It's a lot to hit the market. If I was a UKCM shareholder I'd feel pretty good about becoming pure-play logistics. If I was a BBOX shareholder I'd wonder what on earth they were doing. Read Full Thread Reply