Hammerson Plc (LON:HMSO) Increases Dividend to GBX 8.07 Per Share

Hammerson Plc (LON:HMSO) declared a dividend on Wednesday, February 26th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be paid a dividend of GBX 8.07 ($0.11) per share by the real estate investment trust on Tuesday, June 3rd. This represents a yield of 3.2%. The ex-dividend date is Thursday, April 24th. This is a 967.5% increase from Hammerson’s previous dividend of $0.76. The official announcement can be seen at this link.

Hammerson Stock Performance

LON:HMSO opened at GBX 255 ($3.41) on Tuesday. The firm has a market cap of £1.25 billion, a price-to-earnings ratio of -46.52, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30. The company has a debt-to-equity ratio of 80.77, a current ratio of 10.65 and a quick ratio of 1.28. Hammerson has a 1-year low of GBX 219.20 ($2.93) and a 1-year high of GBX 325 ($4.35). The firm’s fifty day moving average price is GBX 256.87 and its 200 day moving average price is GBX 277.57.

Hammerson (LON:HMSO) last released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported GBX 19.90 ($0.27) earnings per share (EPS) for the quarter. Hammerson had a negative return on equity of 25.94% and a negative net margin of 346.30%. On average, sell-side analysts expect that Hammerson will post 20.7491639 EPS for the current year.

Insider Buying and Selling at Hammerson

In related news, insider Himanshu Raja sold 44,509 shares of the stock in a transaction on Friday, April 4th. The stock was sold at an average price of GBX 239 ($3.20), for a total value of £106,376.51 ($142,347.80). Also, insider Habib Annous purchased 55,050 shares of the stock in a transaction on Monday, March 3rd. The shares were purchased at an average cost of GBX 270 ($3.61) per share, with a total value of £148,635 ($198,896.03). Insiders own 77.21% of the company’s stock.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.