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LMP.L

LondonMetric Property Plc

EURO STOXX 600
LMP.L|Real Estate|REIT - Industrial|£1.82|P/E 12.3|MCap 4.3B|LSE

Last update: Mar 25, 2026 at 04:53

About LondonMetric Property Plc

LondonMetric Property Plc is a leading UK Real Estate Investment Trust (REIT) focused on property investment and development. It owns and manages a diversified portfolio of approximately £6.4 billion in real estate, encompassing nearly 600 properties across key sectors such as retail, distribution, logistics, hospitality, and Premier Inn hotels. The company delivers stable, income-led returns through long-term full repairing and insuring (FRI) leases, emphasizing tenant partnerships and sustainability initiatives aligned with Paris Net Zero targets and over 70% Scope 3 emissions coverage. Formed through strategic mergers, including LXi REIT in 2024 and Urban Logistics REIT in 2025, plus recent acquisitions like nine purpose-built Premier Inn hotels in early 2026, LondonMetric Property Plc has strengthened its position as a FTSE 100 constituent. Headquartered in London with around 48 employees, it plays a crucial role in the UK commercial real estate market by supporting occupiers, fostering community resilience, and integrating ESG principles into asset management for long-term value creation.

Dividend Overview

Dividend Yield

6.74%

Annual Dividend

£0.12

Frequency

Quarterly

Payout Ratio

81.88%

FCF Payout Ratio

63.87%

Stock Price

£1.82

52-Week Range

£1.67 £2.16

Dividend Health Score

66/ 100Safe

LMP.L's dividend appears safe and well-supported. Strengths include a 81.9% earnings payout ratio & 42.2% cfo payout ratio. Areas of concern: 0.4x current ratio & 7.2% return on equity. The dividend has been growing at a 14.14% 5-year CAGR. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 15 of 15 metrics

Payout & Coverage

Safe
Earnings Payout Ratio
81.9%Safe
FCF Payout Ratio
63.9%Caution
CFO Payout Ratio
42.2%Safe
Interest Coverage
4.1xCaution

Balance Sheet

Caution
Net Debt / Total Assets
31.1%Caution
Current Ratio
0.4xDanger
Debt-to-Equity
65.2Very Safe

Profitability

Safe
Return on Equity
7.2%Warning
Operating Margin
92.1%Very Safe
Gross Margin
98.8%Very Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
14.1%Very Safe
Earnings Stability
VolatileWarning

Dividend History (2016–2025)

LMP.L annual dividend per share and yield history

Earnings & Profitability

LMP.L earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

March 12, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

9.48%

5-Year Dividend CAGR

14.14%

10-Year Dividend CAGR

5.88%

3-Year Total Growth

31.22%

5-Year Total Growth

93.75%

10-Year Total Growth

77.14%

Income Calculator

LMP.L Dividend Calculator

Total Investment

£181.60

Annual Income

£12.40

Quarterly Income

£3.10

Monthly Income

£1.03

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Frequently Asked Questions

What is LMP.L's current dividend yield?
LondonMetric Property Plc (LMP.L) currently has a dividend yield of 6.74%, based on a stock price of £1.82 and an annual dividend of £0.12.
When is LMP.L's next dividend payment date?
LMP.L's next ex-dividend date is 2026-03-12 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does LMP.L pay in dividends per year?
LondonMetric Property Plc paid £0.12 per share in annual dividends in 2025. The dividends are paid quarterly.
Has LMP.L been increasing its dividend?
LondonMetric Property Plc has grown its dividend at a 5-year CAGR of 14.14% and a 10-year CAGR of 5.88%.
Is LMP.L's dividend safe?
LondonMetric Property Plc has a payout ratio of 81.88%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is LMP.L's Dividend Health Score calculated?
The Dividend Health Score evaluates LondonMetric Property Plc's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). 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

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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 Health Score, 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.