|Bid||3,088.00 x 29700|
|Ask||3,090.00 x 67100|
|Day's range||3,066.00 - 3,107.00|
|52-week range||2,574.00 - 3,133.00|
|PE ratio (TTM)||10.99|
|Earnings date||23 Feb 2017 - 27 Feb 2017|
|Forward dividend & yield||0.60 (1.95%)|
|1y target est||3,125.50|
The property market has been considered particularly vulnerable to Brexit, with concerns that values of London office buildings could be hit by uncertainty among potential tenants and some financial jobs relocating to continental Europe. Derwent, which develops and owns properties in areas such as the popular West End business and commercial district, said net asset value - a gauge of the market value of a developer's properties - stood at 3,716 pence at Dec. 31, a 4.6 percent jump from a year ago. Chief Executive John Burns expressed confidence in Derwent's ability to deliver this year again despite challenging markets, citing exposure of only around 4 percent to financial occupiers and strong demand from large clients in other sectors.
Derwent London Plc, a central London office developer, proposed a special dividend of 75 pence on Tuesday, citing profits from property sales and better than expected growth in value of its buildings despite ...
No FTSE 100 companies will go ex-dividend on Thursday, although several mid-caps will go ex-div, after which investors will no longer qualify for the latest dividend payout. Among FTSE 250 companies going ...
Derwent London, a central London office developer, raised its full-year rent guidance on Thursday after achieving a record level of new lettings in the first half, underscoring the resilience of the capital's ...
Britain's major share index faltered on Friday, but was set to end the week in positive territory on the back of a global rally after US Fed officials suggested monetary policy tightening would go ahead ...
** Sterling exposure likely to be the main driver for UK stocks on Friday after an inconclusive election result ** Conservatives largest party but fall short of an overall majority ** Traders say trading ...
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...