Derwent London plc owns 83 buildings in a commercial real estate portfolio predominantly in central London valued at £5.4 billion (including joint ventures) as at 30 June 2020, making it the largest London-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling. We typically acquire central London properties off-market with low capital values and modest rents in improving locations, most of which are either in the West End or the Tech Belt. We capitalise on the unique qualities of each of our properties - taking a fresh approach to the regeneration of every building with a focus on anticipating tenant requirements and an emphasis on design. Reflecting and supporting our long-term success, the business has a strong balance sheet with modest leverage, a robust income stream and flexible financing. As part of our commitment to lead the industry in mitigating climate change, in October 2019, Derwent London became the first UK REIT to sign a Green Revolving Credit Facility. At the same time, we also launched our Green Finance Framework and signed the Better Buildings Partnership's climate change commitment. The Group is a member of the 'RE100' which recognises Derwent London as an influential company, committed to 100% renewable power by purchasing renewable energy, a key step in becoming a net zero carbon business. Derwent London is one of only a few property companies worldwide to have science-based carbon targets validated by the Science Based Targets initiative (SBTi). Landmark schemes in our 5.6 million sq ft portfolio include 80 Charlotte Street W1, Brunel Building W2, White Collar Factory EC1, Angel Building EC1, 1-2 Stephen Street W1, Horseferry House SW1 and Tea Building E1. In 2019, the Group won several awards including EG Offices Company of the Year, the CoStar West End Deal of the Year for Brunel Building, Westminster Business Council's Best Achievement in Sustainability award and topped the real estate sector and was placed ninth overall in the Management Today 2019 awards for 'Britain's Most Admired Companies'. In 2013 the Company launched a voluntary Community Fund and has to date supported over 100 community projects in the West End and the Tech Belt. The Company is a public limited company, which is listed on the London Stock Exchange and incorporated and domiciled in the UK. The address of its registered office is 25 Savile Row, London,
Derwent London Dividend Announcement
• Derwent London announced a semi annually dividend of £25.00 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-05
• Derwent London annual dividend for 2024 was £80.00
• Derwent London annual dividend for 2023 was £79.00
• Derwent London's trailing twelve-month (TTM) dividend yield is 3.72%
• Derwent London's payout ratio for the trailing twelve months (TTM) is -24.76%
• Derwent London's dividend growth over the last five years (2018-2023) was -3.44% year
• Derwent London's dividend growth over the last ten years (2013-2023) was 8.64% year
Derwent London Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | £25.00 | semi annually | 2024-10-11 |
2024-04-25 | £55.00 | semi annually | 2024-05-31 |
2023-09-07 | £24.50 | semi annually | 2023-10-13 |
2023-04-27 | £54.50 | semi annually | 2023-06-02 |
2022-09-08 | £24.00 | semi annually | 2022-10-14 |
2022-04-28 | £53.50 | semi annually | 2022-06-01 |
2021-09-09 | £23.00 | semi annually | 2021-10-15 |
2021-04-29 | £52.45 | semi annually | 2021-06-04 |
2020-09-10 | £22.00 | semi annually | 2020-10-16 |
2020-04-30 | £51.45 | semi annually | 2020-06-05 |
2019-09-12 | £21.00 | semi annually | 2019-10-18 |
2019-05-02 | £46.75 | semi annually | 2019-06-07 |
2018-09-13 | £19.10 | semi annually | 2018-10-19 |
2018-05-03 | £75.00 | semi annually | 2018-06-08 |
2017-09-14 | £17.33 | semi annually | 2017-10-20 |
2017-05-04 | £52.00 | semi annually | 2017-06-09 |
2016-09-15 | £13.86 | semi annually | 2016-10-21 |
2016-05-05 | £30.80 | semi annually | 2016-06-10 |
2015-09-17 | £12.60 | semi annually | 2015-10-22 |
2015-05-07 | £28.00 | semi annually | 2015-06-12 |
2014-09-17 | £11.65 | semi annually | 2014-10-23 |
2014-05-07 | £25.75 | semi annually | 2014-06-13 |
2013-09-18 | £10.75 | semi annually | 2013-10-24 |
2013-05-08 | £23.75 | semi annually | 2013-06-14 |
Derwent London Dividend per year
Derwent London Dividend growth
Derwent London Dividend Yield
Derwent London current trailing twelve-month (TTM) dividend yield is 3.72%. Interested in purchasing Derwent London stock? Use our calculator to estimate your expected dividend yield:
Derwent London Financial Ratios
Derwent London Dividend FAQ
Other factors to consider when evaluating Derwent London as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Derwent London's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Derwent London publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Derwent London distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Derwent London are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Derwent London sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Derwent London distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Derwent London declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Derwent London's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Derwent London's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.