Panther Securities (PNS)

Sector:

Real Estate

 310.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 330.00
  • 52 Week Low: 290.00
  • Currency: UK Pounds
  • Shares Issued: 17.37m
  • Volume: 3,570
  • Market Cap: £53.84m
  • RiskGrade: 234
  • Beta: 0.00

Panther Securities to pay final dividend despite potential Covid-19 impact

By Iain Gilbert

Date: Friday 17 Apr 2020

LONDON (ShareCast) - (Sharecast News) - Property investment group Panther Securities will still pay its final dividend despite warning that the Covid-19 outbreak was set to have a negative impact on trading.
Panther, which noted it had not reduced or missed a dividend in 37 years, said on Friday that it planned to pay a further 6p per share dividend for 2019.

"We have significant cash reserves and distributable reserves to justify this dividend," it said.

The AIM-listed group said it had a large spread of tenancies and a "robust" income stream, noting that approximately 41% of its rental income came from businesses that had not been forced or recommended to close under government guidelines.

"The annual income from these businesses is approximately ?5.6m and would be enough to cover our interest obligations to our lenders of approximately ?4.1m and most of our overheads," said Panther.

As far as 2020 was concerned, Panther said it was still "too early to tell" what impact the pandemic would have on its results, but that it certainly would not be a positive one.

As of 0855 BST, Panther shares were down 1.89% at 260p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PNS Market Data

Currency UK Pounds
Share Price 310.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 330.00
52 Week Low 290.00
Volume 3,570
Shares Issued 17.37m
Market Cap £53.84m
Beta 0.00
RiskGrade 234

PNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.38% above the market average59.38% above the market average59.38% above the market average59.38% above the market average59.38% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Price Trend
13.64% above the market average13.64% above the market average13.64% above the market average13.64% above the market average13.64% above the market average
5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average
Income
55.34% above the market average55.34% above the market average55.34% above the market average55.34% above the market average55.34% above the market average
44.00% above the sector average44.00% above the sector average44.00% above the sector average44.00% above the sector average44.00% above the sector average
Growth
65.18% above the market average65.18% above the market average65.18% above the market average65.18% above the market average65.18% above the market average
57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average

PNS Dividends

  Latest Previous
  Final Interim
Ex-Div 26-Jun-25 10-Oct-24
Paid 16-Jul-25 29-Oct-24
Amount 6.00p 6.00p

Trades for 30-May-2025

Time Volume / Share Price
09:59 2,000 @ 306.00p
09:15 1,570 @ 318.00p

PNS Key Personnel

CEO Simon Peters

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