The Capital & Counties Board has proposed a final dividend of 1.0 pence per share to be paid on 14 May 2020 to shareholders on the register at 17 April 2020. Subject to SARB approval, the Board intends to offer a scrip dividend alternative.
Other financial highlights include:
- Equity attributable to owners of the Parent of £2.5 billion (2018: £2.7 billion)
- EPRA NAV 293 pence per share, a decrease of 10 per cent (2018: 326 pence per share and Jun 2019: 315 pence per share), driven primarily by Earls Court and Covent Garden valuation movement
- Total property value £2.8 billion, a decrease of 1.7 per cent (like-for-like) (2018: £2.8 billion adjusted for the sale of Earls Court interests)
- Underlying EPS 1.0 pence per share (2018: 0.9 pence per share)
- Total shareholder return of 14 per cent in 2019
