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Picton Property Income Ltd

Current Price 68.45p Bid 65.50p Ask 69.30p Change 0.96%
Last Updated: 09/05/2024 05:40. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Picton Property Income Limited is a real estate investment trust (REIT) investing in United Kingdom commercial property. Its diversified property portfolio consists of approximately 49 assets invested in the industrial, office, retail and leisure sectors. Its industrial properties portfolio includes Parkbury Industrial Estate, River Way Industrial Estate, Lyon Business Park, Sundon Business Park, The Business Centre, Nonsuch Industrial Estate, Madleaze Trading Estate, Mill Place Trading Estate, Easter Court, and Abbey Business Park. Its office portfolio includes Angel Gate, Stanford Building, 50 Farringdon Road, Colchester Business Park, 180 West George Street, Charlotte Terrace, Longcross Court, Atlas House, and Waterside House.

Financial Highlights Year Ended 31/03/2020

Revenue
£45.66m
Operating Profit/Loss
£30.67m
Dividend yield (%)
3.70
Total dividend for year
3.2500p
Dividend cover
1.26
P/E Ratio
21.70
More Financials

Key Personnel

Ms Saira Johnston
Chief Financial Officer
Mr Michael Morris
Non-Executive Director
Mr Richard Jones
Non-Executive Director
Ms Lena Wilson
Non-Executive Director
Ms Maria Bentley
Non-Executive Director
Mr Mark Batten
Senior Independent Director

Stock Details

EPIC
PCTNL
ISIN
GB00B0LCW208
Shares in Issue
540.05m
Market cap
£369.67m

Analyst Views (2)

Strong Buy
 
50.00%
Buy
 
50.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
68.45p
Bid Price
65.50p
Ask Price
69.30p
Volume
10,440
Change Today
0.65p
% Change Today
0.96%
Open
67.10p
Previous Close
68.45p
Intraday High
68.50p
Intraday Low
67.10p
52 Week High
80.00p
52 Week Low
60.60p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

More Charts

Income Statement

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Continuing Operations
Revenue
45.66
47.73
Operating Profit/Loss
30.67
43.75
Net Interest
-8.29
-9.09
Pre-Tax Profit
22.38
31.41
Profit After Tax from continuing operations
22.51
30.95
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
22.51
30.95
Attributable to:
Equity Holders of Parent Company
22.51
30.95
Minority Interests
n/a
n/a
Total Dividend Paid
3.2500p
3.5000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2020
31 Mar 2019
Basic
4.10p
5.70p
Diluted
4.10p
5.70p
Adjusted
4.10p
5.70p
Dividend per Share
3.2500p
3.5000p

Assets

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
0.02
0.03
Intangible Assets
n/a
n/a
Investment Properties
654.49
676.10
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
17.60
14.31
Cash at Bank & In Hand
23.57
25.17
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
n/a
Other Assets
n/a
n/a
Total Assets
695.67
715.60

Liabilities

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Current Liabilities
Borrowings
1.00
0.94
Other Current Liabilities
19.44
22.40
Total Current Liabilities
20.43
23.34
Non-Current Liabilities
Borrowings
165.96
192.85
Provisions
n/a
n/a
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
165.96
192.85
Other Liabilities
n/a
n/a
Total Liabilities
186.39
216.19

Net Assets

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Net Assets
509.28
499.42

Capital & Reserves

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Share Capital
164.40
157.45
Share Premium Account
n/a
n/a
Other Reserves
-0.78
-0.29
Retained Earnings
345.67
342.25
Shareholders Funds
509.28
499.42
Minority Interests/Other Equity
n/a
n/a
Total Equity
509.28
499.42

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Q4
09 May 2024
31 May 2024
0.925p
Q3
08 Feb 2024
29 Feb 2024
0.875p
Q2
09 Nov 2023
30 Nov 2023
0.875p
Q1
03 Aug 2023
31 Aug 2023
0.875p
Q4
04 May 2023
31 May 2023
0.875p
Q3
09 Feb 2023
28 Feb 2023
0.875p
Q2
03 Nov 2022
30 Nov 2022
0.875p
Q1
04 Aug 2022
31 Aug 2022
0.875p
Q4
12 May 2022
31 May 2022
0.875p
Q3
03 Feb 2022
28 Feb 2022
0.875p
Q2
04 Nov 2021
30 Nov 2021
0.85p
Q1
05 Aug 2021
31 Aug 2021
0.85p
Q4
13 May 2021
28 May 2021
0.80p
Q3
04 Feb 2021
26 Feb 2021
0.80p
Q2
05 Nov 2020
30 Nov 2020
0.70p
Q1
06 Aug 2020
28 Aug 2020
0.625p
Q4
07 May 2020
29 May 2020
0.625p
Q3
13 Feb 2020
28 Feb 2020
0.875p
Q2
31 Oct 2019
29 Nov 2019
0.875p
Q1
08 Aug 2019
30 Aug 2019
0.875p
Q4
09 May 2019
31 May 2019
0.875p
Q3
31 Jan 2019
28 Feb 2019
0.875p
Q2
15 Nov 2018
30 Nov 2018
0.875p
Q1
09 Aug 2018
31 Aug 2018
0.875p

Dividend Metrics

Year End Date
31 Mar 2020
31 Mar 2019
Dividend growth
-7.14%
1.45%
Dividend yield
3.70%
4.00%
Dividend cover
1.26
1.63


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