Aankondiging • Mar 13
Develop North PLC, Annual General Meeting, Apr 30, 2026 Develop North PLC, Annual General Meeting, Apr 30, 2026. Location: gowling wlg uk llp, 4 more london riverside, se1 2au, london United Kingdom Aankondiging • Feb 27
Develop North plc Declares Fourth Interim Dividend for the Year Ended November 30, 2025, Payable on April 10, 2026 Develop North PLC announced that the Directors have declared a fourth interim dividend for the year ending 30 November 2025 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 10 April 2026 to holders of ordinary shares on the register at the close of business on 13 March 2026 (ex-dividend 12 March 2026). Aankondiging • Jan 27
Develop North PLC Appoints Michelle Percy as Chief Executive Officer, Effective January 26, 2026 Develop North PLC has appointed Michelle Percy as its new Chief Executive Officer with immediate effect, January 26, 2026. Her appointment comes as the company enters the next phase of its growth following the publication of its prospectus and the launch of a £58 million fundraise. Michelle joins Develop North after almost nine years at Newcastle City Council, where she played a leading role in fostering public-private partnerships and attracting inward investment. She worked on major regeneration and development projects which formed part of a development pipeline valued at approximately £7 billion. Michelle was also closely involved in engaging with major investors and stakeholders, including working alongside Newcastle United's leadership following the club's takeover by a Saudi-led consortium. Prior to joining Newcastle City Council, Michelle was a Director at Clouston Group, where she contributed to landmark developments including the Stephenson Quarter and the Crowne Plaza Hotel in Newcastle. Michelle will not join the Board of Directors at this time. Michelle is independent of Tier One Capital Ltd, Broadoak Asset Management Limited and Homes or Houses Limited. Effective date: January 26, 2026. New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (142% payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Revenue is less than US$5m (UK£1.8m revenue, or US$2.4m). Market cap is less than US$100m (UK£18.2m market cap, or US$24.8m). Aankondiging • Jan 16
Develop North PLC has filed a Follow-on Equity Offering. Develop North PLC has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Price\Range: £0.816 Declared Dividend • Dec 10
Dividend of UK£0.01 announced Dividend of UK£0.01 is the same as last year. Ex-date: 18th December 2025 Payment date: 12th January 2026 Dividend yield will be 5.9%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (142% earnings payout ratio). However, it is well covered by cash flows (45% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 57% to bring the payout ratio under control, which is more than the 22% EPS growth achieved over the last 5 years. Aankondiging • Dec 09
Develop North PLC announces Quarterly dividend, payable on January 12, 2026 Develop North PLC announced Quarterly dividend of GBP 0.0100 per share payable on January 12, 2026, ex-date on December 18, 2025 and record date on December 19, 2025. Board Change • Oct 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Douglas Noble is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Declared Dividend • Sep 01
Dividend of UK£0.01 announced Dividend of UK£0.01 is the same as last year. Ex-date: 11th September 2025 Payment date: 3rd October 2025 Dividend yield will be 5.2%, which is lower than the industry average of 6.0%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is well covered by cash flows (45% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 4.8% to bring the payout ratio under control, which is less than the 22% EPS growth achieved over the last 5 years. Aankondiging • Aug 29
Develop North plc Declares Second Interim Dividend for the Year Ended November 30, 2025, Payable on October 3, 2025 Develop North PLC announced that the Directors have declared a second interim dividend for the year ending November 30, 2025 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 3 October 2025 to holders of Ordinary shares on the register at the close of business on 12 September 2025 (ex-dividend 11 September 2025). Declared Dividend • Jun 06
Fourth quarter dividend of UK£0.01 announced Dividend of UK£0.01 is the same as last year. Ex-date: 12th June 2025 Payment date: 27th June 2025 Dividend yield will be 5.1%, which is lower than the industry average of 6.0%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but not adequately covered by cash flows (95% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Jun 05
Develop North plc Declares A First Interim Dividend for the Year Ended 30 November 2025, Payable on 27 June 2025 Develop North PLC announced that the Directors have declared a first interim dividend for the year ending 30 November 2025 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 27 June 2025 to holders of Ordinary shares on the register at the close of business on 13 June 2025 (ex-dividend 12 June 2025). Board Change • May 27
High number of new directors Director Sameer Kamal Al Ansari was the last director to join the board, commencing their role in 2025. Aankondiging • Mar 20
Develop North PLC, Annual General Meeting, May 01, 2025 Develop North PLC, Annual General Meeting, May 01, 2025. Location: royal station hotel, neville street, newcastle, ne1 5dh, United Kingdom Declared Dividend • Mar 16
Dividend of UK£0.01 announced Dividend of UK£0.01 is the same as last year. Ex-date: 20th March 2025 Payment date: 11th April 2025 Dividend yield will be 5.1%, which is lower than the industry average of 6.0%. Sustainability & Growth The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Mar 13
Develop North PLC Declares Fourth Interim Dividend for the Year Ended November 30, 2024, Payable on April 11, 2025 Develop North PLC announced that the Directors have declared a fourth interim dividend for the year ending 30 November 2024 in an amount of 1.00 pence per ordinary share. The interim dividend will be payable on April 11, 2025 to holders of ordinary shares on the register at the close of business on March 21, 2025 (ex-dividend March 20, 2025). New Risk • Feb 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended May 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported May 2024 fiscal period end). Dividend is not well covered by cash flows (136% cash payout ratio). Revenue is less than US$5m (UK£1.4m revenue, or US$1.8m). Market cap is less than US$100m (UK£19.5m market cap, or US$24.5m). Board Change • Jan 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non-Independent Non-Executive Director Ian McElroy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Nov 24
Dividend of UK£0.01 announced Dividend of UK£0.01 is the same as last year. Ex-date: 5th December 2024 Payment date: 27th December 2024 Dividend yield will be 5.1%, which is lower than the industry average of 6.0%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not covered by cash flows (136% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 21
Develop North plc Declares Third Interim Dividend for the Year Ending 30 November 2024, Payable on 27 December 2024 Develop North PLC announced that the Directors have declared a third interim dividend for the year ending 30 November 2024 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 27 December 2024 to holders of Ordinary shares on the register at the close of business on 6 December 2024 (ex-dividend 5 December 2024). Declared Dividend • Sep 02
Dividend of UK£0.01 announced Dividend of UK£0.01 is the same as last year. Ex-date: 12th September 2024 Payment date: 27th September 2024 Dividend yield will be 5.1%, which is lower than the industry average of 6.0%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not covered by cash flows (136% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Aug 30
Develop North plc Declares Second Interim Dividend for the Year Ending 30 November 2024, Payable on 27 September 2024 Develop North PLC announces that the Directors have declared a second interim dividend for the year ending 30 November 2024 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 27 September 2024 to holders of Ordinary shares on the register at the close of business on 13 September 2024 (ex-dividend is 12 September 2024). New Risk • Aug 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 61% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 126% Cash payout ratio: 136% Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (UK£1.1m revenue, or US$1.4m). Market cap is less than US$100m (UK£19.5m market cap, or US$24.9m). Declared Dividend • Jun 03
Fourth quarter dividend of UK£0.01 announced Dividend of UK£0.01 is the same as last year. Ex-date: 13th June 2024 Payment date: 28th June 2024 Dividend yield will be 5.1%, which is lower than the industry average of 6.0%. Sustainability & Growth Dividend is not covered by earnings (412% earnings payout ratio) nor is it covered by cash flows (100% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 358% to bring the payout ratio under control. However, EPS has declined by 20% over the last 5 years so the company would need to reverse this trend. Aankondiging • May 31
Develop North PLC Declares A First Interim Dividend for the Year Ended 30 November 2024, Payable on 28 June 2024 Develop North PLC announced that the Directors have declared a first interim dividend for the year ending 30 November 2024 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 28 June 2024 to holders of Ordinary shares on the register at the close of business on 14 June 2024 (ex-dividend 13 June 2024). Aankondiging • Apr 04
Develop North PLC (LSE:DVNO) announces an Equity Buyback for £0.5 million worth of its shares. Develop North PLC (LSE:DVNO) announces a share repurchase program. Under the program, the company will repurchase up to £0.5 million worth of its shares. The repurchased shares will be held in treasury. The program will expire on June 30, 2024, subject to the renewal of the share buyback authority at the forthcoming Annual General Meeting. Aankondiging • Mar 27
Develop North PLC, Annual General Meeting, Apr 25, 2024 Develop North PLC, Annual General Meeting, Apr 25, 2024, at 11:00 Coordinated Universal Time. Location: The Grey Street Hotel, 2-12 Grey Street Newcastle United Kingdom Declared Dividend • Mar 03
Dividend of UK£0.01 announced Dividend of UK£0.01 is the same as last year. Ex-date: 7th March 2024 Payment date: 28th March 2024 Dividend yield will be 5.0%, which is lower than the industry average of 6.0%. Sustainability & Growth The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 504% to bring the payout ratio under control. However, EPS has declined by 32% over the last 5 years so the company would need to reverse this trend. Aankondiging • Feb 29
Develop North PLC Declares a Fourth Interim Dividend for the Year Ended 30 November 2023, Payable on 28 March 2024 Develop North PLC announced that the Directors have declared a fourth interim dividend for the year ended 30 November 2023 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 28 March 2024 to holders of Ordinary shares on the register at the close of business on 8 March 2024 (ex-dividend 7 March 2024). New Risk • Feb 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended May 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (UK£737k revenue, or US$931k). Minor Risks Latest financial reports are more than 6 months old (reported May 2023 fiscal period end). Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Profit margins are more than 30% lower than last year (27% net profit margin). Market cap is less than US$100m (UK£20.5m market cap, or US$25.9m). Upcoming Dividend • Nov 30
Upcoming dividend of UK£0.01 per share at 5.0% yield Eligible shareholders must have bought the stock before 07 December 2023. Payment date: 28 December 2023. The company is paying out more than 100% of its profits and is paying out 91% of its cash flow. Trailing yield: 5.0%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (6.6%). Aankondiging • Nov 24
Develop North plc Declares Third Interim Dividend for the Year Ending 30 November 2023, Payable on 28 December 2023 Develop North PLC announces that the Directors have declared a third interim dividend for the year ending 30 November 2023 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 28 December 2023 to holders of Ordinary shares on the register at the close of business on 8 December 2023 (ex-dividend 7 December 2023). Aankondiging • Aug 30
Develop North PLC Declares Second Interim Dividend for the Year Ending 30 November 2023, Payable on 29 September 2023 Develop North PLC announced that the Directors have declared a second interim dividend for the year ending 30 November 2023 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 29 September 2023 to holders of Ordinary shares on the register at the close of business on 8 September 2023 (ex-dividend on 7 September 2023). New Risk • Jul 30
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: UK£737k (US$948k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 91% Revenue is less than US$1m (UK£737k revenue, or US$948k). Minor Risks Profit margins are more than 30% lower than last year (27% net profit margin). Market cap is less than US$100m (UK£21.9m market cap, or US$28.2m). Aankondiging • Jun 01
Develop North plc Declares First Interim Dividend for the Year Ending 30 November 2023, Payable on 30 June 2023 Develop North PLC declared a first interim dividend for the year ending 30 November 2023 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 30 June 2023 to holders of Ordinary shares on the register at the close of business on 9 June 2023 ex-dividend date is 8 June 2023. Aankondiging • Nov 18
Develop North PLC Announces Interim Dividend for the Year Ending November 30, 2022, Payable on December 29, 2022 Develop North PLC announced that the directors have declared an interim dividend for the year ending 30 November 2022 in an amount of 1.00 pence per Ordinary share. The interim dividend will be payable on 29 December 2022 to holders of Ordinary shares on the register at the close of business on 25 November 2022 (ex-dividend 24 November 2022). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Independent Non-Executive Director Ian McElroy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Aug 31
Develop North plc Declares Second Interim Dividend for the Year Ending 30 November 2022, Payable on 30 September 2022 Develop North PLC announced that the Directors have declared a second interim dividend of 1.00 pence per ordinary share for the year ending 30 November 2022. The interim dividend will be payable on 30 September 2022 to holders of Ordinary shares on the register at the close of business on 9 September 2022. The corresponding ex-dividend date is 8 September 2022. Aankondiging • Jun 01
Develop North PLC Declares First Interim Dividend for the Year Ending 30 November 2022 Payable on 30 June 2022 Develop North PLC announced that the Directors have declared a first interim dividend of 1.00 pence per Ordinary share for the year ending 30 November 2022. The interim dividend will be payable on 30 June 2022 to holders of Ordinary shares on the register at the close of business on 10 June 2022. The corresponding ex-dividend date is 9 June 2022. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Independent Non-Executive Director Ian McElroy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 24
TOC Property Backed Lending Trust plc Declares Dividend, Payable on April 1, 2022 TOC Property Backed Lending Trust Plc announced that the Directors have declared a final balancing dividend of 1 penny per share in respect of the financial year ended 30 November 2021, to be paid on 1 April 2022 to shareholders on the register on 4 March 2022. The corresponding ex-dividend date is 3 March 2022. Board Change • Dec 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Independent Non-Executive Director Ian McElroy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 04
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 10 June 2021. Payment date: 30 June 2021. Trailing yield: 4.7%. Within top quartile of British dividend payers (4.0%). Higher than average of industry peers (4.0%). Aankondiging • May 28
Toc Property Backed Lending Trust plc Declares an Interim Dividend, Payable On, June 30, 2021 TOC Property Backed Lending Trust Plc declared an interim dividend for the year ending 30 November 2021 in an amount of 1.00p per Ordinary share. The interim dividend will be payable on, 30 June 2021 to holders of Ordinary shares on the register at the close of business on, 11 June 2021 (ex-dividend, 10 June 2021). Upcoming Dividend • Mar 04
Upcoming Dividend of UK£0.015 Per Share Will be paid on the 1st of April to those who are registered shareholders by the 11th of March. The company last paid an ordinary dividend in February 2020. The average dividend yield among industry peers is 4.3%.