The Hammerson plc Board has declared an interim cash dividend of 7.94p per share, payable as a PID on 16 October 2025 to shareholders on the register on 5 September 2025. This represents a 5% increase on the 2024 interim dividend of 7.56p per share.
Other financial highlights include:
Like-for-like gross rental income up 5% and like-for-like net rental income up 4%, driven by active asset management and strategic focus on high quality landmark destinations
Total gross rental income up 11%, net rental income up 10%, following successful deployment of capital: £321m over nine months at average 8.5% destination yield
EPRA earnings of £48m, 9.9p per share (HY24: £50m, 9.9p) ahead of expectations.
Portfolio valuation up 11% to £3.0bn - net revaluation gain of £26m is the first portfolio gain since HY17
Also separately announced today - unconditional agreement to buy remaining 50% interest in Bullring and Grand Central at 7.7% blended topped-up NIY2 and a 4% discount to June 2025 book value, and associated equity placing
Opportunities to unlock further value, with disciplined capital allocation strategy to enhance returns for shareholders
EPRA earnings guidance for FY25 raised to c.£102m (from c.£95m) - on track to achieve medium term financial framework
