Hammerson plc (LON:HMSO) declared a dividend on Tuesday, July 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 30th will be paid a dividend of GBX 11.10 ($0.14) per share by the real estate investment trust on Monday, October 8th. This represents a yield of 2.08%. The ex-dividend date is Thursday, August 30th. The official announcement can be accessed at this link.

Shares of HMSO opened at GBX 494.60 ($6.38) on Wednesday. Hammerson has a 12 month low of GBX 430.40 ($5.55) and a 12 month high of £523.38 ($675.15).

Hammerson (LON:HMSO) last issued its quarterly earnings data on Tuesday, July 24th. The real estate investment trust reported GBX 15.10 ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 15.60 ($0.20) by GBX (0.50) (($0.01)). Hammerson had a return on equity of 3.36% and a net margin of 97.06%.

Several research firms have recently issued reports on HMSO. Credit Suisse Group cut Hammerson to an “underperform” rating and decreased their price target for the stock from GBX 545 ($7.03) to GBX 540 ($6.97) in a research note on Wednesday, June 6th. Morgan Stanley cut Hammerson to an “equal weight” rating and decreased their price target for the stock from GBX 600 ($7.74) to GBX 565 ($7.29) in a research note on Thursday, July 26th. Liberum Capital reissued a “hold” rating on shares of Hammerson in a research note on Friday, June 1st. JPMorgan Chase & Co. decreased their price target on Hammerson from GBX 725 ($9.35) to GBX 700 ($9.03) and set an “overweight” rating for the company in a research note on Thursday, May 3rd. Finally, Barclays decreased their price target on Hammerson from GBX 520 ($6.71) to GBX 500 ($6.45) and set an “equal weight” rating for the company in a research note on Monday, August 6th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 562.42 ($7.26).

Hammerson Company Profile

Hammerson is a FTSE 100 owner, manager and developer of retail destinations in Europe. Our portfolio of high-quality retail property has a value of around £10.5 billion and includes 23 prime shopping centres, 17 convenient retail parks and investments in 20 premium outlet villages, through our partnership with Value Retail and the VIA Outlets joint venture.

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Dividend History for Hammerson (LON:HMSO)

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