LEG Immobilien completes 2025 scrip dividend, shares expand equity base modestly
26.06.2026 - 15:04:10 | ad-hoc-news.de
By Mark Bergmann, Earnings & Calendar desk. Reviewed prior to publication on 2026-06-26, 15:03.
LEG Immobilien (DE000LEG1110) has completed its scrip dividend for the 2025 financial year. According to a June 2026 analysis that cites company data, around €63.1 million were reinvested and roughly 1.28 million new shares were issued while the stock is traded on Xetra.
Details of the scrip dividend
The latest scrip dividend allowed shareholders to opt for stock instead of a full cash payout, with about €63.1 million converting into equity and modestly expanding LEG Immobilien’s capital base. The issuance of roughly 1.28 million new shares slightly increases the free float and supports the balance sheet without a large cash outflow.
Such scrip structures are common among German residential peers like Vonovia and TAG Immobilien when management wants to preserve liquidity while still honoring dividend expectations. For LEG Immobilien, the measure adds flexibility for debt reduction and ongoing investments in its housing portfolio, which remains focused on German residential markets.
How the shares are valued today
In the referenced June 2026 snapshot, LEG Immobilien shares are quoted at about €55.20, implying a one-day price move of roughly 2.3 percent and a year-to-date performance down around 10.1 percent. The three-year total shareholder return remains positive at close to 23 percent despite a roughly 22.8 percent drop over the past twelve months, underlining the stock’s volatility.
One Simply Wall St valuation narrative puts a frequently cited fair value at around €60 per share, framing the stock as roughly 8 percent undervalued versus the €55.20 trading level. At the same time, that analysis notes a discounted cash flow estimate closer to €10.44, highlighting how model assumptions can lead to very different signals for investors in the MDAX-listed landlord.
All news and analysis on the LEG Immobilien shares
Further disclosures, ratings and price data on LEG Immobilien can be found in the dedicated topic section and in the company’s investor-relations area.
How LEG Immobilien earns its money
LEG Immobilien generates most of its revenue from renting residential apartments in Germany, particularly in North Rhine-Westphalia’s urban areas such as Düsseldorf, Dortmund and Essen. The portfolio is positioned in the affordable and mid-market segment, where demand for rental housing remains structurally robust.
Where the shares trade today
The LEG Immobilien shares (DE000LEG1110) last traded on Xetra at approximately €55.20 on 2026-06-25, according to Deutsche Börse data, with the price indicating a mid-cap valuation in the German residential real estate sector.
Key data on the LEG Immobilien shares
- Company: LEG Immobilien SE
- ISIN: DE000LEG1110
- WKN: LEG111
- Ticker: LEG
- Trading venue: Xetra
- Price (as of 2026-06-25, 17:35): 55.20 EUR
- Market cap: 3.65 billion EUR (as of 2026-06-25)
- Sector / industry: Real Estate - Residential
- Index membership: MDAX
- Next earnings date: 2026-08-09
Disclaimer: This article is for informational purposes only and does not constitute investment advice, an offer, or a recommendation to buy or sell any financial instrument. Investors should conduct their own research or consult a licensed financial adviser before making investment decisions.
