Derwent London Plc (DLN.L)
Derwent London owns and rents out stylish, design-led office spaces nestled right in the heart of the capital.
Is Derwent London Plc a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Owns a high-end portfolio of buildings in desirable London locations. Worth weighing: Recent earnings have taken a notable hit. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Derwent London Plc actually fallen?
Over the last 2 years of daily prices, Derwent London Plc fell as much as −40% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
A sustained flight to quality where businesses only want top-tier, eco-friendly offices.
A structural shift to remote work permanently dampening demand for city offices.
What does Derwent London Plc do?
Picture walking past a striking, modern office building in central London that looks more like a boutique hotel than a boring workplace—that is Derwent's bread and butter. They make their money by snapping up properties, tarting them up to be sustainable and trendy, and collecting rent from companies who want a cool postcode. The critical puzzle piece to keep an eye on is how they balance hefty renovation costs with the shifting habits of office workers.
On our factor screen it looks strongest on momentum and income, and weakest on value.
- ✓Pays a dividend - about 3.9% a year
- ✓Growing - revenue up about 92% over the year
- ✓Very profitable - turns about 40% of sales into profit
- Momentum screens high (76/100)
- Owns a high-end portfolio of buildings in desirable London locations
- Solid dividend yield providing regular cash returns
- Trading at a discount to the net value of its physical assets
- Value screens low (30/100)
- Shifting corporate attitudes towards physical office space
- Interest rate changes impacting property valuations
- High costs associated with upgrading buildings to modern green standards
What do Derwent London Plc's numbers mean?
Does Derwent London Plc pay a dividend?
Yes - Derwent London Plc currently pays a dividend of about 3.9% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
What do the numbers say about Derwent London Plc's dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
When does Derwent London Plc report earnings, and how did recent quarters go?
Derwent London Plc is next scheduled to report on about 2026-08-06 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2020-08-10 | £0.09 | £0.15 | Beat +60% |
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Welltower Inc.What are the scenarios for Derwent London Plc?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Derwent London Plc?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Owns a high-end portfolio of buildings in desirable London locations
- Solid dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone. providing regular cash returns
- Trading at a discount to the net value of its physical assets
- Recent earnings have taken a notable hit
- Return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. is relatively modest
- Vulnerable to wider property market wobbles and financing costs
- Shifting corporate attitudes towards physical office space
- Interest rate changes impacting property valuations
- High costs associated with upgrading buildings to modern green standards
The write-up's own warning lights — if these start happening, the case above changes.
- A sharp, permanent drop in central London office occupancy rates
- A dramatic and sustained cut to the dividend payout
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.