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Share Price Information for Palace Capital (PCA)

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Share Price: 235.00
Bid: 220.00
Ask: 250.00
Change: 0.00 (0.00%)
Spread: 30.00 (13.636%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 235.00
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Palace Capital hikes dividend as H1 pre-tax profit falls

Mon, 21st Nov 2016 12:54

(ShareCast News) - Property investment company Palace Capital has hiked its first-half dividend by almost a third as it posted a much-reduced pre-tax profit for the period.Interim dividend was up 29% to 9p a share, from 7p. Pre-tax profit came in at £3.9m, from £7.6m. Net asset value per share was 419p, from 414p at the end of its full-year."Palace Capital continues to demonstrate both income and capital growth and we believe this sets us apart from our peers," said the AIM-quoted outfit's chair, Stanley Davis."We have not seen a negative impact from Brexit on our portfolio, which appears to be a London-focused issue, in fact we have seen increased activity in the towns and cities in which we operate," he added in a statement.Davis said Palace Capital was making headway on several of its strategic assets and with its policy of sourcing opportunities both directly and corporately.At about 12:51 GMT, shares in Palace Capital were up 0.69% to 362.5p each.
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21 Nov 2016 09:08

Palace Capital Says Brexit Is "London-Focused Issue" After Strong Half

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2 Nov 2016 08:29

Palace Capital Notes Progress Made To Improve Portfolio Rental Income

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22 Aug 2016 12:04

Palace Capital completes Manchester property buy

(ShareCast News) - Palace Capital has completed the net £10.58m acquisition of Boulton House in Manchester, and is looking to improve the net yield it receives from rental income through refurbishing some of the building. It added that a £6.02m new debt facility had been secured with Santander. Matu

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12 Aug 2016 13:03

Palace Capital sells property for £1.09m

(ShareCast News) - Property investment company Palace Capital has sold its freehold vacant warehouse property in Victoria Road, Stoke-on-Trent, for £1.09m, which was slightly above book value. The 40,000 sq ft building was originally let for 35 years from 1980 to Portmeirion, but it became vacant in

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7 Jul 2016 09:08

Palace Capital Secures New Loan Facility On Broad Street Plaza

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1 Jul 2016 08:06

Palace Capital Sells Surbiton Properties For GBP1.2 Million

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29 Jun 2016 15:24

UK Shareholder Meetings Calendar - Next 7 Days

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22 Jun 2016 10:45

DIRECTOR DEALINGS: Palace Capital Non-Executive Buys Shares

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15 Jun 2016 14:53

Palace Capital Issues Shares After Last Warrants Are Exercised (ALLISS)

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14 Jun 2016 15:58

Palace Capital spends £11m on Manchester's Boulton House

(ShareCast News) - Property investment company Palace Capital announced on Tuesday that it has exchanged contracts to acquire the freehold of Boulton House, on Chorlton Street in Manchester, for a consideration of £10.95m. The AIM-traded firm said this is potentially subject to a downward adjustment

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14 Jun 2016 12:28

Palace Capital Buys Manchester Office Building For GBP11 Million

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6 Jun 2016 06:49

Palace Capital Profit Lower But Rental Income And Dividend Up In Year

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10 May 2016 07:47

Palace Capital Expects To Hike Full-Year Dividend As Portfolio Grows

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14 Mar 2016 15:33

Palace Capital buys central Halifax property

(ShareCast News) - Palace Capital extended its investment reach into the heart of Halifax on Monday, announcing it had acquired the entire issued share capital of Gregory Projects (Halifax). The AIM-traded property investment company said the the target was a special purpose vehicle, and the owner o

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14 Mar 2016 08:10

Palace Capital Buys Broad Street Plaza In Halifax, Inks Loan Facility

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