Land Securities increases 2013 full year dividend by 3%

DividendMax Ltd.

Land Securities increases 2013 full year dividend by 3%

Results summary

 

31 March 2014

31 March 2013

Change

Valuation surplus (1)

£763.8m

£217.5m

Up 7.1%

Basic NAV per share

1,069p

959p

Up 11.5%

Adjusted diluted NAV per share (2)

1,013p

903p

Up 12.2%

Group LTV ratio (1)

32.5%

36.9%

 

Profit before tax

£1,108.9m

£533.0m

 

Revenue profit (1)

£319.6m

£290.7m

Up 9.9%

Basic EPS

142.3p

68.4p

 

Adjusted diluted EPS

40.5p

36.8p

Up 10.1%

Dividend

30.7p

29.8p

Up 3.0%

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