Dividend Yield (TTM)
1.36%
vs 5Y avg 2.46% · 10Y avg 1.76% · price: vendor quote
Dividend Yield (Forward)
3.81%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.595
Forward (annualized): $1.68
Payout Ratio (EPS, TTM)
17.9%
Payout Ratio (FCF, TTM)
22.9%
Dividend CAGR (3Y / 5Y / 10Y)
3Y-6.9%5Y11.1%10Y14.1%
Consecutive Growth Years
1
as of 2025
Years Without a Cut
2
as of 2025
Total Shareholder Yield (TTM)
3.04%
Div 1.14% + Net buyback 1.91%
Growth, streak and CAGR figures exclude special dividends.
Statement cash flows converted from the reporting currency at each fiscal year's average rate (vendor forex_rate).
Dividends per share
Cash dividends, split-adjusted · USD
Payout ratio
Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.
Dividend yield
Trailing-twelve-month dividends ÷ month-end price.
Capital returns
Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.
Total Shareholder Yield (TTM)
3.0%
Dividends 1.1% + Net buybacks 1.9%
Net Buyback (TTM)
£1.12B
Gross £1.12B − Issuance £0
SBC (TTM)
£202M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (31.2% latest vs 14.0% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 0.525 | +31.2% | 2 | |
| 2024 | 0.40 | 0.0% | 0 | |
| 2023 | 0.40 | -38.5% | 0 | |
| 2022 | 0.65 | +80.6% | 2 | |
| 2021 | 0.36 | +16.1% | 0 | |
| 2020 | 0.31 | +244.4% | 3 | |
| 2019 | 0.09 | — | 2 | |
| 2017 | 0.03 | -62.5% | 1 | |
| 2016 | 0.08 | -42.9% | 0 | |
| 2015 | 0.14 | — | 0 |
Special dividends are excluded from these figures. Based on 36 regular payments.
Payment history (36 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-02-27 | $0.42 | +140.0% | Cash | quarterly | - | 2026-02-27 | 2026-03-16 |
| 2025-11-28 | $0.175 | +16.7% | Cash | quarterly | - | 2025-11-28 | 2025-12-15 |
| 2025-08-29 | $0.15 | +50.0% | Cash | quarterly | - | 2025-08-29 | 2025-09-15 |
| 2025-05-30 | $0.1 | 0.0% | Cash | quarterly | - | 2025-05-30 | 2025-06-16 |
| 2025-02-28 | $0.1 | 0.0% | Cash | quarterly | - | 2025-02-28 | 2025-03-17 |
| 2024-11-29 | $0.1 | 0.0% | Cash | quarterly | - | 2024-11-29 | 2024-12-16 |
| 2024-08-30 | $0.1 | 0.0% | Cash | quarterly | - | 2024-08-30 | 2024-09-16 |
| 2024-05-31 | $0.1 | 0.0% | Cash | quarterly | - | 2024-05-31 | 2024-06-17 |
| 2024-02-28 | $0.1 | 0.0% | Cash | quarterly | - | 2024-02-29 | 2024-03-15 |
| 2023-11-29 | $0.1 | 0.0% | Cash | quarterly | - | 2023-11-30 | 2023-12-15 |
| 2023-08-30 | $0.1 | 0.0% | Cash | quarterly | - | 2023-08-31 | 2023-09-15 |
| 2023-05-30 | $0.1 | 0.0% | Cash | quarterly | - | 2023-05-31 | 2023-06-15 |
| 2023-02-27 | $0.1 | -33.3% | Cash | quarterly | - | 2023-02-28 | 2023-03-15 |
| 2022-11-29 | $0.15 | -25.0% | Cash | quarterly | - | 2022-11-30 | 2022-12-15 |
| 2022-08-30 | $0.2 | 0.0% | Cash | quarterly | - | 2022-08-31 | 2022-09-15 |
| 2022-05-26 | $0.2 | +100.0% | Cash | quarterly | - | 2022-05-27 | 2022-06-15 |
| 2022-02-25 | $0.1 | +11.1% | Cash | quarterly | - | 2022-02-28 | 2022-03-15 |
| 2021-11-29 | $0.09 | 0.0% | Cash | quarterly | - | 2021-11-30 | 2021-12-15 |
| 2021-08-27 | $0.09 | 0.0% | Cash | quarterly | - | 2021-08-31 | 2021-09-15 |
| 2021-05-27 | $0.09 | 0.0% | Cash | quarterly | - | 2021-05-28 | 2021-06-15 |
| 2021-02-26 | $0.09 | 0.0% | Cash | quarterly | - | 2021-03-01 | 2021-03-15 |
| 2020-11-27 | $0.09 | +12.5% | Cash | quarterly | - | 2020-11-30 | 2020-12-15 |
| 2020-08-28 | $0.08 | +14.3% | Cash | quarterly | - | 2020-08-31 | 2020-09-15 |
| 2020-05-28 | $0.07 | 0.0% | Cash | quarterly | - | 2020-05-29 | 2020-06-15 |
| 2020-02-27 | $0.07 | +40.0% | Cash | quarterly | - | 2020-02-28 | 2020-03-16 |
| 2019-11-28 | $0.05 | +25.0% | Cash | quarterly | - | 2019-11-29 | 2019-12-16 |
| 2019-08-29 | $0.04 | +33.3% | Cash | quarterly | - | 2019-08-30 | 2019-09-16 |
| 2017-02-24 | $0.03 | +50.0% | Cash | quarterly | - | 2017-02-28 | 2017-03-15 |
| 2016-11-28 | $0.02 | 0.0% | Cash | quarterly | - | 2016-11-30 | 2016-12-15 |
| 2016-08-30 | $0.02 | 0.0% | Cash | quarterly | - | 2016-08-31 | 2016-09-15 |
| 2016-05-27 | $0.02 | 0.0% | Cash | quarterly | - | 2016-05-31 | 2016-06-15 |
| 2016-02-25 | $0.02 | 0.0% | Cash | quarterly | - | 2016-02-29 | 2016-03-15 |
| 2015-11-25 | $0.02 | 0.0% | Cash | quarterly | - | 2015-11-30 | 2015-12-15 |
| 2015-08-27 | $0.02 | -60.0% | Cash | quarterly | - | 2015-08-31 | 2015-09-15 |
| 2015-05-27 | $0.05 | 0.0% | Cash | quarterly | - | 2015-05-29 | 2015-06-15 |
| 2015-02-25 | $0.05 | – | Cash | quarterly | - | 2015-02-27 | 2015-03-16 |
Amounts are in the declared currency; the listing currency is GBP.
No splits on record.