Derwent London increases its 2017 final dividend by 10%

DividendMax Ltd.

Derwent London increases its 2017 final dividend by 10%

Financial highlights

·      EPRA net asset value per share increased by 21.6% to 3,535p from 2,908p at 31 December 2014, and by 9.6% from 3,226p at 30 June 2015.

·      Net rental income increased 7.8% to £138.7m from £128.7m in 2014.

·      EPRA profit before tax rose 31.0% to £81.6m from £62.3m last year.

·      EPRA earnings per share increased 25.0% to 71.34p per share.

·      Proposed final dividend per share increased by 10.0% to 30.80p, making 43.40p for the full year.

Companies mentioned