Capital & Regional shares fall on dividend cut

Stock market generic

Shares in Capital & Regional plummeted 11.6% on Thursday to 28.2p after reporting a cut in its dividend to 0.60p per share, down from 1.91p at the same time last year.

The retail company said its net rental income (NRI) remained flat last year – rising 0.6% to £51.9m - despite 20 company voluntary arrangements wiping £1.5m from NRI over the portfolio.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now