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Develop North PLC provides a portfolio of fixed rate loans primarily secured over land and/or property in the United Kingdom. It also invests in financial assets comprising loans. The company makes investments primarily through senior secured loans; and other loans, such as bridging loans, subordinated loans, selected loan financings, and other debt instruments. The company was formerly known as TOC Property Backed Lending Trust Plc and changed its name to Develop North PLC in May 2022. Develop North PLC was incorporated in 2016 and is based in Chelmsford, the United Kingdom.

Develop North Dividend Announcement

Develop North announced a quarterly dividend of £1.00 per ordinary share which will be made payable on . Ex dividend date: 2024-12-05
Develop North annual dividend for 2024 was £4.00
Develop North annual dividend for 2023 was £4.00
Develop North's trailing twelve-month (TTM) dividend yield is 5.13%
Develop North's payout ratio for the trailing twelve months (TTM) is 122.88%
Develop North's dividend growth over the last five years (2018-2023) was -10.59% year

Develop North Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-05£1.00quarterly
2024-09-12£1.00quarterly
2024-06-13£1.00quarterly2024-06-28
2024-03-07£1.00quarterly2024-03-28
2023-12-07£1.00quarterly2023-12-28
2023-09-07£1.00quarterly2023-09-29
2023-06-08£1.00quarterly2023-06-30
2023-03-16£1.00quarterly2023-03-31
2022-11-24£1.00quarterly2022-12-29
2022-09-08£1.00quarterly2022-09-30
2022-06-09£1.00quarterly2022-06-30
2022-03-03£1.00quarterly2022-04-01
2021-11-18£1.00quarterly2021-12-30
2021-09-09£1.00quarterly2021-09-30
2021-06-10£1.00quarterly2021-06-30
2021-03-11£1.50quarterly2021-04-01
2020-03-05£1.50quarterly2020-04-03
2019-12-12£1.50quarterly2020-01-03
2019-09-12£1.50quarterly2019-10-04
2019-06-13£1.50quarterly2019-07-04
2019-02-28£1.50quarterly2019-04-04
2018-12-20£1.75quarterly2019-01-04
2018-09-13£1.75quarterly2018-10-04
2018-06-14£1.75quarterly2018-07-03
2018-03-01£1.75quarterly2018-03-29
2017-12-07£1.50quarterly2017-12-29
2017-09-07£1.00quarterly2017-09-29
2017-06-08£1.00quarterly2017-06-30

Develop North Dividend per year

Develop North Dividend growth

Develop North Dividend Yield

Develop North current trailing twelve-month (TTM) dividend yield is 5.13%. Interested in purchasing Develop North stock? Use our calculator to estimate your expected dividend yield:

Develop North Financial Ratios

P/E ratio23.12
PEG ratio19.20
P/B ratio1.00
ROE4.24%
Payout ratio122.88%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Develop North Dividend FAQ

How much is the next Develop North dividend?
Develop North's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Develop North dividend. The next Develop North dividend will be released in March, June, September, or December.
When is Develop North dividend paid?
Develop North pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Develop North pay?
The specific amount of Develop North dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Develop North's dividend history.
Does Develop North stock pay dividends?
Yes, Develop North does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Develop North's dividend history.
How much dividend does Develop North pay?
Develop North paid £4.0 in 2024, £4.0 in 2023, £4.0 in 2022, £4.5 in 2021, and £1.5 in 2020.
How often does Develop North pay dividends?
Develop North typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Develop North's dividend yield?
The current dividend yield for Develop North is 5.13%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Develop North's exact dividend yield.
When does Develop North go ex dividend?
Develop North's ex-dividend date for the latest dividend was on 2024-12-05. Develop North typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Develop North dividend paid?
Develop North pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Develop North increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Develop North will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Develop North dividend per share?
Develop North paid £4.0 per share in 2024 and £4.0 per share in 2023. The amount of dividend per share that Develop North pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Develop North a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Develop North a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Develop North a dividend stock?
Yes, Develop North is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Develop North a good dividend stock?
Whether Develop North is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Develop North has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Develop North 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.
Does Develop North pay dividends monthly?
Develop North typically pays dividends on a quarterly basis.
Does Develop North pay dividends quarterly?
Develop North currently pays dividends on a quarterly basis.
Has Develop North ever paid a dividend?
Yes, Develop North has a history of paying dividends to its shareholders. Develop North is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Develop North dividend stocks?
To buy Develop North you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Develop North stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Develop North pay dividends 2024?
Develop North pays dividends on a quarterly basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Develop North increase its dividend in 2024?
Decisions regarding Develop North dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Develop North dividend overview you can look into the above table of dividend history.
How Develop North dividend works?
The Develop North dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Develop North's dividend process works:

1. Determination of Dividend: Develop North'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, Develop North 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, Develop North 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 Develop North 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.
How are Develop North dividends paid?
Develop North dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Develop North 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, Develop North distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Develop North 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.
How many times does Develop North pay dividends?
Develop North typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Develop North pay dividends?
The general pattern is that Develop North pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Develop North dividend safe?
The safety of Develop North's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Develop North'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 Develop North'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.