Picton Property Income Ltd (PCTN)

Sector:

Real Estate

Index:

FTSE Small Cap

64.50p
   
  • Change Today:
      0.30p
  • 52 Week High: 77.00
  • 52 Week Low: 60.30
  • Currency: UK Pounds
  • Shares Issued: 544.47m
  • Volume: 785,276
  • Market Cap: £351.18m

Picton Property Income hikes quarterly dividend

By Josh White

Date: Wednesday 01 May 2024

LONDON (ShareCast) - (Sharecast News) - Picton Property Income declared a 5.7% increase in its dividend on Wednesday, with the interim payment for 1 January to 31 March to be 0.925p per share, up from 0.875p per share for the three months ended 31 December.
The London-listed firm said the dividend increase reflected recent portfolio activity, and the subsequent repayment of the company's floating rate debt.

Picton said it intended to maintain a fully-covered dividend at a higher level.

The ex-dividend date was set as 9 May, with a record date of 10 May and a payment date of 31 May.

Picton said the dividend would be designated as a property income distribution (PID).

At 1105 BST, shares in Picton Property Income were up 0.31% at 66.51p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PCTN Market Data

Currency UK Pounds
Share Price 64.50p
Change Today 0.30p
% Change 0.47 %
52 Week High 77.00
52 Week Low 60.30
Volume 785,276
Shares Issued 544.47m
Market Cap £351.18m

PCTN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.79% above the market average50.79% above the market average50.79% above the market average50.79% above the market average50.79% above the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average
Price Trend
45.06% below the market average45.06% below the market average45.06% below the market average45.06% below the market average45.06% below the market average
52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average
Income
8.20% above the market average8.20% above the market average8.20% above the market average8.20% above the market average8.20% above the market average
44.83% below the sector average44.83% below the sector average44.83% below the sector average44.83% below the sector average44.83% below the sector average
Growth
11.57% above the market average11.57% above the market average11.57% above the market average11.57% above the market average11.57% above the market average
26.32% above the sector average26.32% above the sector average26.32% above the sector average26.32% above the sector average26.32% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PCTN Dividends

  Latest Previous
  Q4 Q3
Ex-Div 09-May-24 08-Feb-24
Paid 31-May-24 29-Feb-24
Amount 0.93p 0.88p

Trades for 17-Jun-2024

Time Volume / Share Price
14:04 802 @ 64.58p
14:04 60 @ 64.62p
14:04 22,465 @ 64.58p
13:47 419 @ 64.60p
13:45 48,659 @ 64.60p

PCTN Key Personnel

CEO Michael Morris
CFO Saira Johnston

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