BLND.L - British Land Company Plc
| Previous close | 596.20 |
| Open | 599.00 |
| Bid | 607.20 x 0 |
| Ask | 607.80 x 0 |
| Day's range | 596.42 - 607.80 |
| 52-week range | 465.30 - 649.40 |
| Volume | 1,305,539 |
| Avg. volume | 4,717,300 |
| Market cap | 5.625B |
| Beta (3Y monthly) | 0.83 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -68.00 |
| Earnings date | 13 Nov 2019 |
| Forward dividend & yield | 0.32 (5.59%) |
| Ex-dividend date | 2020-01-02 |
| 1y target est | 651.59 |
- Fool.co.uk
Forget buy-to-let! I’d invest £10k in these 3 property stocks to get rich
Roland Head explains why he's avoiding the rental market and building positions in dividend-paying property stocks.
- Fool.co.uk
As the M&G fund is suspended, is this FTSE 100 5%-plus dividend a top buy or an investor trap?
As the M&G Property Portfolio fund is halted, Royston Wild asks if investors should give this FTSE 100 dividend stock short shrift.
- Fool.co.uk
Buy-to-let could be dead. Here are two FTSE 100 property stocks I’d buy instead
I think these two FTSE 100 (INDEXFTSE:UKX) property businesses may deliver high returns.
- Fool.co.uk
Got £10k to invest? I think this REIT is the perfect addition to your Stocks and Shares ISA!
Shares of British Land (LON: BLND) offer investors a great way to invest in high-end commercial property.
- Reuters - UK Focus
Britain's Reckitt Benckiser gives new parents more paid leave
British household goods maker Reckitt Benckiser Group Plc said on Tuesday it was extending its paid leave globally for new mothers from 16 weeks to 26 weeks, but the change will take time to implement in the United States due to regulatory issues. Mothers will also have the option to take a further six months of leave without pay. The Durex condom and Lysol disinfectant maker also said it would increase paid paternity leave for fathers and partners to four weeks, with the option to take a further four weeks of leave without pay.
- Fool.co.uk
These FTSE 100 dividend stocks yield 5.6% and 9.6%. Which would I buy for my ISA?
These FTSE 100 dividend stocks boast big, big yields. But are they worth a place in a Stocks & Shares ISA?
- Reuters - UK Focus
UPDATE 2-FTSE dips on murky trade view; Tullow tanks on mid-caps
London's main bourse retreated on Wednesday as traders grew weary of mixed trade signals from U.S. President Donald Trump, while mid-caps slid on the back of weak economic data and a plunge in Tullow Oil. The more internationally-exposed FTSE 100 fell 0.2%, trimming some early losses as exporter stocks such as Diageo and AstraZeneca benefited from a weaker pound. The jump in exporter shares also helped the bourse outperform the broader European benchmark index.
- Bloomberg
British Land’s Portfolio Declines on Sharp Retail Writedowns
(Bloomberg) -- British Land Co. saw its property holdings decline in value as sharp writedowns of the company’s malls and stores outweighed gains in its development portfolio.The value of British Land’s property portfolio fell by 4.3% to 11.7 billion pounds ($15 billion) in the six months through September, the developer said in a statement on Wednesday. Retail values plunged by 10.7%, reflecting the woes of U.K. malls and high-street stores that are getting battered by the growth of online shopping, rising minimum wages and tax hikes.“We expect retail to remain challenging, so we’ll focus on driving operational performance and maintaining occupancy,” Chief Executive Officer Chris Grigg said in the statement.Shares in British Land fell as much as 2.7% in London on Wednesday.British Land has been attempting to reduce its exposure to stores that have been hit by the upheavals in the way consumers shop. It plans to reduce the share of retail in its portfolio to as little as 30% from the current level of 41%.Rent CutsLike-for-like rental income in the company’s retail portfolio declined by 3.2%, primarily as a result of retailers undertaking so-called Company Voluntary Arrangements, a form of bankruptcy protection that allows them to negotiate rent cuts and closures. About two-thirds of the stores that have been vacated by retailers in British Land’s portfolio since 2017 have since been re-leased, with the company increasingly willing to offer short-term leases to keep occupancy high.“U.K. regional shopping centers are being indiscriminately written-down by about 10% for the past six months, bearing the brunt of major tenant failures like Arcadia and Debenhams,” Bloomberg Intelligence senior analyst Sue Munden said. “The added distraction of a general election during the upcoming peak festive sales period makes the outlook even more uncertain, so valuers are being cautious.”At the same time, the company has persevered with new office-led projects despite Brexit uncertainty, and has been rewarded with resilient demand from tenants and scarce competition among developers that have helped keep rents high. The value of its new developments rose 4.6% in the six-month period, helped when the company won planning approval for the largest project in its history in London’s Canada Water district.About 87% of the company’s recently completed and committed developments are already leased or in advanced negotiations, according to the statement.British Land sold 289 million pounds of property in the period, including a large portfolio of supermarkets. The company sees early signs there may be more willing buyers for certain retail properties, Grigg said in the statement.Earnings per share dropped by 6.4% in the period to 16.1 pence following a string of property sales. The company’s net asset value declined by 5.4%, with buybacks partially offsetting the falling values.(Updates with shares in fourth paragraph.)To contact the reporter on this story: Jack Sidders in London at jsidders@bloomberg.netTo contact the editors responsible for this story: Shelley Robinson at ssmith118@bloomberg.net, Patrick HenryFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Reuters - UK Focus
LIVE MARKETS-Closing snapshot: Not a bad day
* Earnings drive top movers Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. European stocks edged higher today as investors found some comfort on a scaling-back of recession bets amid optimism about a China-U.S. trade deal. With this string of not-great but good-enough news, the Euro stocks index hit its highest since February 2018, while European blue chips had their best day in two years with the banking sector enjoying its best session in six months.
- Reuters - UK Focus
LIVE MARKETS-Italy, the contrarian 2020 bet?
* Earnings drive top movers Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Germany has long been dragging its feet on such a project that included a common deposit insurance scheme and clearly its new stance is a welcome development but, as always, there is a but and, of course, the devil is in the details.
- Reuters - UK Focus
LIVE MARKETS-Money for nothing in the age of rage
* Earnings drive top movers Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. A post by Ray Dalio's Linkedin (find it here: https://bit.ly/2qo3IdR ) is doing the rounds this morning, with the hedge fund billionaire putting his finger on the big debate raging around quantative easing and MMT amid growing global discontent. The theme, as it turns out, has emerged as a central topic in the Reuters Global Investment Outlook Summit.
- Reuters - UK Focus
LIVE MARKETS-Ray of hope for Europe: $1 trln flow into ESG funds by 2030
* Earnings drive top movers Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Yes, that massive amount of cash is likely to flow into ESG funds as the theme has become mainstream, especially in Europe.
- Reuters - UK Focus
LIVE MARKETS-UK High Street: available at your local large, mid and small cap index
* Earnings drive top movers Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. It's a rare thing to witness: at one stage this morning, the UK high street theme was top of the FTSE 100, FTSE 250 and the British small cap index.
- Reuters - UK Focus
UPDATE 2-FTSE gains for 4th day as investors await trade moves
London's FTSE 100 edged up on Wednesday, adding to a 2% gain over the past three sessions, as investors waited for news on U.S.-China trade talks before making further bets, while mall operator Intu dropped on signs it may seek to sell more shares. The FTSE 100, which had been holding at a near one-month high this week, rose 0.1%, while the FTSE 250 dipped 0.4% as the pound weakened slightly ahead of a Bank of England's interest rate decision on Thursday.
- Reuters - UK Focus
UPDATE 2-UK's Intu Properties considers raising equity to tackle debt in blow to shares
British shopping centre operator Intu Properties said on Wednesday it could raise equity, alongside asset sales, to tackle its debt burden, knocking nearly 18% off its share price. "Our number one priority is to fix the balance sheet ... options include disposing of assets, where we are in the advanced stages of selling two of our Spanish assets, through to raising equity," Matthew Roberts, Intu's chief executive, said. Intu shares were down 14% at 0941 GMT after the owner of Manchester's Trafford Centre also said it expects annual like-for-like net rental income to be down by about 9% and predicted another decline in 2020, although at a slower rate.
- Fool.co.uk
No savings at 40? I think these 2 FTSE 100 dividend shares could help you retire early
I’m optimistic about the long-term return prospects for these two FTSE 100 (INDEXFTSE:UKX) shares due in part to their low valuations.
- Simply Wall St.
Is British Land Company Plc (LON:BLND) A Great Dividend Stock?
Could British Land Company Plc (LON:BLND) be an attractive dividend share to own for the long haul? Investors are...
- Fool.co.uk
Should you buy this 5% FTSE 100 dividend yield for your ISA before 2020?
Thinking about buying some FTSE 100 dividend dynamos for your Stocks & Shares ISA? Royston Wild identifies one which should be avoided at all costs.
- Yahoo Finance UK
The OUTstanding Top 50 LGBT+ Ally Executives
All of the allies — who must be senior executives who are not LGBT+ but support LGBT+ inclusion — were nominated by peers and colleagues, or put themselves forward.
- Fool.co.uk
3 dividend stocks I’d buy for a lifetime of passive income
Roland Head highlights three stocks that might help you get rich while doing nothing.
- Fool.co.uk
Forget buy-to-let! I like these FTSE 100 landlords that yield 6%
Rupert Hargreaves takes a look at two companies that offer an attractive alternative to buy-to-let property.
- Simply Wall St.
British Land Company Plc (LON:BLND) Is About To Go Ex-Dividend, And It Pays A 1.4% Yield
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see British Land...
