LondonMetric Property (LSE:LMP) Dividend Payout Ratio: 0.91 (As of Mar. 2026) — Near Median


LSE:LMP LondonMetric Property PLC LSE:LMP
77 GF Score
Price £1.92
GF Value £2.24
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is LondonMetric Property Dividend Payout Ratio?

LondonMetric Property LSE:LMP +1.27% 77 Dividend Payout Ratio is 0.91 as of Mar. 2026, which is at its 10-year median of 0.91. GuruFocus rates LSE:LMP with a GF Score™ of 77/100 and a GF Value™ of £2.24 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 717 REITs companies, LondonMetric Property ranks better than 57.04% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. LondonMetric Property's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.91.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of LondonMetric Property PLC is 0.93, which seems too high.

The historical rank and industry rank for LondonMetric Property's Dividend Payout Ratio or its related term are showing as below:

LSE:LMP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.91   Max: 0.93
Current: 0.93


During the past 13 years, the highest Dividend Payout Ratio of LondonMetric Property was 0.93. The lowest was 0.51. And the median was 0.91.

LSE:LMP's Dividend Payout Ratio is ranked better than
57.04% of 717 companies
in the REITs industry
Industry Median: 0.99 vs LSE:LMP: 0.93

As of today (2026-06-28), the Dividend Yield % of LondonMetric Property is 6.50%.

During the past 13 years, the highest Trailing Annual Dividend Yield of LondonMetric Property was 7.76%. The lowest was 2.87%. And the median was 4.28%.

LondonMetric Property's Dividends per Share for the months ended in Mar. 2026 was £0.06.

During the past 12 months, LondonMetric Property's average Dividends Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of LondonMetric Property was 32.60% per year. The lowest was -9.10% per year. And the median was 4.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


LondonMetric Property (LSE:LMP) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


LondonMetric Property Dividend Payout Ratio Related Terms


LondonMetric Property Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for LondonMetric Property's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

LondonMetric Property Dividend Payout Ratio Chart

LondonMetric Property Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.93 0.91 0.89 0.93

LondonMetric Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.89 0.91 0.96 0.91

LSE:LMP vs PLD, PSA, EXR: Dividend Payout Ratio Comparison

For the REIT - Industrial subindustry, LondonMetric Property's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LondonMetric Property Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, LondonMetric Property's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where LondonMetric Property's Dividend Payout Ratio falls into.


LSE:LMP
77GF Score
LondonMetric Property PLC LSE:LMP
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LondonMetric Property Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

LondonMetric Property's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0.125/ 0.134
=0.93

LondonMetric Property's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.061/ 0.067
=0.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.91 mean?
LondonMetric Property (LSE:LMP) has a Dividend Payout Ratio of 0.91 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on LondonMetric Property and its competitors. This is near median its historical median of 0.91. Over the past decade, LondonMetric Property's Dividend Payout Ratio has ranged from 0.51 to 0.93. According to the industry distribution chart, LondonMetric Property ranks #308 out of 717 companies in the REITs industry, placing it in the top 43%.
Is LondonMetric Property's Dividend Payout Ratio too high?
LondonMetric Property's current Dividend Payout Ratio of 0.91 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.93. The REITs industry median Dividend Payout Ratio is 0.99. LondonMetric Property's value of 0.91 is 8.1% below this industry median. Based on the distribution chart, LondonMetric Property ranks #308 out of 717 companies in the REITs industry, which is above the industry midpoint. Overall, LondonMetric Property has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LondonMetric Property's Dividend Payout Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, LondonMetric Property ranks #308 out of 717 companies for Dividend Payout Ratio. This puts LondonMetric Property in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. LondonMetric Property's value of 0.91 is 8.1% below this benchmark. Historically, LondonMetric Property's own Dividend Payout Ratio has ranged from 0.51 to 0.93 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.99, LondonMetric Property has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a REITs company?
The median Dividend Payout Ratio among REITs companies is 0.99, based on 717 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LondonMetric Property's current Dividend Payout Ratio of 0.91 is 8.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on LondonMetric Property and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LondonMetric Property's current Dividend Payout Ratio is 0.91, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LondonMetric Property stock overvalued right now?
Based on GuruFocus' analysis, LondonMetric Property (LSE:LMP) is currently considered Modestly Undervalued. The stock's GF Value™ is £2.24, compared to a current price of £1.92 — trading 14.5% below its estimated fair value. The current Dividend Payout Ratio is 0.91, which is near median its 10-year median of 0.91 and 8.1% below the REITs industry median of 0.99. LondonMetric Property's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For LondonMetric Property (LSE:LMP), the current Dividend Payout Ratio is 0.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LondonMetric Property (LSE:LMP) Overvalued in 2026?

Based on GuruFocus' analysis, LondonMetric Property stock appears to be undervalued. The current stock price of £1.92 is trading 14.5% below its estimated GF Value™ of £2.24. GuruFocus considers LondonMetric Property to be Modestly Undervalued.

Key valuation signals for LSE:LMP:

  • Dividend Payout Ratio: 0.91 (near median its 10-year median of 0.91)
  • GF Value™: £2.24 vs. price of £1.92 (14.5% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 8.1% below the REITs median (#308 of 717)

No single metric tells the full story. See the LSE:LMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LondonMetric Property Business Description

Industry Real EstateREITs
Other Exchanges LNSPF:USALMPl:UK5PP:Germany
Address One Curzon Street, London, GBR, W1J 5HB
LondonMetric Property PLC is a real estate company that is engaged in property investment and development across the United Kingdom. The Group operates predominantly in the United Kingdom.
77GF Score

Get the complete analysis for LSE:LMP

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.92
Price
£2.24
GF Value