Back to Dividend Stocks
British Land Company PLC (BLND.L) logo

British Land Company PLC

EURO STOXX 600
BLND.L|Real Estate|REIT - Diversified|£3.92|P/E 8.6|MCap 40.1M|LSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

68/ 100Safe

BLND.L's dividend appears safe and well-supported. Strengths include a 50.5% earnings payout ratio & 58.4% fcf payout ratio. Areas of concern: 0.3x current ratio & Unstable profit margin stability. The dividend has been growing at a 23.44% 5-year CAGR. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 14 of 15 metrics

Strengths

  • Earnings Payout Ratio: 50.5%Low earnings payout ratio leaves room to grow the dividend.
  • Debt-to-Equity: 50.3Conservative debt level relative to equity.
  • Operating Margin: 64.8%Healthy operating margin provides a wide buffer.

Risks

  • Current Ratio: 0.3xLimited short-term liquidity to meet obligations.
  • Profit Margin Stability: UnstableProfit margins have been volatile.
  • Earnings Stability: UnstableEarnings have been volatile, pressuring the dividend.

Payout & Coverage

Safe
Earnings Payout Ratio
50.5%Very Safe
FCF Payout Ratio
58.4%Safe
CFO Payout Ratio
N/AN/A
Interest Coverage
4.1xCaution

Balance Sheet

Caution
Net Debt / Total Assets
31.4%Caution
Current Ratio
0.3xDanger
Debt-to-Equity
50.3Very Safe

Profitability

Safe
Return on Equity
8.0%Caution
Operating Margin
64.8%Very Safe
Gross Margin
72.9%Very Safe
Profit Margin Stability
UnstableDanger

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
23.4%Very Safe
Earnings Stability
UnstableDanger

About British Land Company PLC

British Land Company PLC is a leading UK real estate investment trust (REIT) specializing in the ownership, management, development, and financing of high-quality commercial properties. Founded in 1856 and headquartered in London, the company focuses on sectors with robust operational fundamentals, including office-led campuses in Central London, retail parks across the UK, and London urban logistics. Its diversified portfolio, valued at approximately £15.2 billion as of late 2025 (British Land share: £9.5 billion), features prominent assets like the Broadgate Estate, Regent's Place, and mixed-use developments such as Canada Water, which integrates offices, retail, residential, leisure, and public spaces. British Land emphasizes sustainability through initiatives in greener spaces, thriving communities, and responsible governance, creating 'Places People Prefer' that deliver long-term value for stakeholders. As a FTSE 100 constituent, it plays a pivotal role in the UK property market, managing properties leased to major retailers and driving urban regeneration projects.

Dividend Overview

Dividend Yield

5.84%

Annual Dividend

£0.23

Frequency

Semi-Annual

Payout Ratio

50.55%

FCF Payout Ratio

58.40%

Stock Price

£3.92

52-Week Range

£3.19 £4.32

Dividend History (2016–2025)

BLND.L annual dividend per share and yield history

Earnings & Profitability

BLND.L earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

December 4, 2025

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

-0.46%

5-Year Dividend CAGR

23.44%

10-Year Dividend CAGR

-1.95%

3-Year Total Growth

-1.38%

5-Year Total Growth

186.63%

10-Year Total Growth

-17.85%

Income Calculator

BLND.L Dividend Calculator

Total Investment

£391.90

Annual Income

£22.88

Quarterly Income

£5.72

Monthly Income

£1.91

Similar Dividend Stocks

StockYield5Y CAGRPrice
British Land Company PLC (BLND.L) logo
BLND.L
5.84%23.44%£3.92
Tritax Big Box REIT plc (BBOX.L) logo
BBOX.L
5.22%10.39%£1.52
Big Yellow Group PLC (BYG.L) logo
BYG.L
5.32%6.61%£8.96
Derwent London plc (DLN.L) logo
DLN.L
4.66%1.98%£17.55
Land Securities Group plc (LAND.L) logo
LAND.L
8.49%27.73%£5.92
LondonMetric Property Plc (LMP.L) logo
LMP.L
6.59%14.14%£1.89
Shaftesbury Capital PLC (SHC.L) logo
SHC.L
3.01%29.91%£1.33
Unite Group plc (UTG.L) logo
UTG.L
7.78%N/A£4.82

Frequently Asked Questions

What is BLND.L's current dividend yield?
British Land Company PLC (BLND.L) currently has a dividend yield of 5.84%, based on a stock price of £3.92 and an annual dividend of £0.23.
When is BLND.L's next dividend payment date?
BLND.L's next ex-dividend date is 2025-12-04 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does BLND.L pay in dividends per year?
British Land Company PLC paid £0.23 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has BLND.L been increasing its dividend?
British Land Company PLC has grown its dividend at a 5-year CAGR of 23.44% and a 10-year CAGR of -1.95%.
Is BLND.L's dividend safe?
British Land Company PLC has a payout ratio of 50.55%. Its free cash flow payout ratio is 58.40%. A payout ratio below 60% is generally considered sustainable.
How is BLND.L's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates British Land Company PLC's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track BLND.L Dividends with OnlyDividends

What will BLND.L actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.