Bodycote

Website: Bodycote
Index: FTSE 250
EPIC: BOY
Supersector: Industrial Goods and Services
Sector: Industrial Engineering
Subsector: Industrial Machinery
Market Cap: £1.08B
Payout Frequency: Semi-Annual

Next Bodycote Dividend

Bodycote next goes ex-dividend on 30/04/2026. This will be the Final dividend for 2026.

The dividend per share amount is 16.1000p (GBP) and the payment date is 11/06/2026.

Bodycote Dividend Analysis and Summary

Headline dividend details

Final dividend: 16.1p per share (unchanged year-on-year)
Interim dividend: 6.9p per share (paid 6 Nov 2025)
Total FY2025 ordinary dividend: 23.0p per share (flat vs FY2024)
Ex-dividend date: 30/04/2026 (derived: record date is 01/05/2026)
Record date: 01/05/2026
Payment date: 11/06/2026 (subject to AGM approval on 27/05/2026)
Dividend policy: target cover of =2.0x earnings on a “normalised” multi-year basis; 38-year record of growing or maintaining the dividend

Coverage and cash flow support

Adjusted EPS (FY2025): 44.4p ? cover on total DPS 23.0p is ~1.9x
Statutory EPS (FY2025): 31.0p ? cover ~1.35x
Free cash flow (FY2025): £47.5m vs cash dividends paid £40.9m ? FCF cover ~1.2x
Balance sheet: net debt/EBITDA ~0.6x; net debt ex-leases £104.8m, indicating capacity to support distributions

Bodycote Annual Dividend Yield - 3.73%

Dividends Used in Calculation:

Ex-Dividend Date	Payment Date	Type	Amount	Currency
24/04/2025	05/06/2025	Final	16.10p	GBX
02/10/2025	06/11/2025	Interim	6.90p	GBX

Total (Annual Dividends Per Share): 23.00p

Dividend Yield = Annual Dividends Per Share (23.00p) ÷ Share Price (617p) = 3.73%

Ex Dividend Date	Payment Date	Type	Amount	Currency
30/04/2026	11/06/2026	Final	16.1000p	GBX
02/10/2025	06/11/2025	Interim	6.90p	GBX
24/04/2025	05/06/2025	Final	16.10p	GBX
03/10/2024	07/11/2024	Interim	6.90p	GBX
25/04/2024	06/06/2024	Final	16.00p	GBX
05/10/2023	10/11/2023	Interim	6.70p	GBX
20/04/2023	02/06/2023	Final	14.90p	GBX
06/10/2022	04/11/2022	Interim	6.40p	GBX
21/04/2022	03/06/2022	Final	13.80p	GBX
21/04/2022	01/06/2022	Final	13.80p	GBX
07/10/2021	05/11/2021	Interim	6.20p	GBX
22/04/2021	04/06/2021	Final	13.40p	GBX
07/01/2021	12/02/2021	2nd Interim	6.00p	GBX
27/08/2020	25/09/2020	Final	13.30p	GBX
27/08/2020	25/09/2020	Interim	13.30p	GBX
23/04/2020	05/06/2020	Final	14.00p	GBX
10/10/2019	08/11/2019	Interim	6.00p	GBX
18/04/2019	07/06/2019	Special	20.0p	GBX
18/04/2019	07/06/2019	Final	13.30p	GBX
04/10/2018	02/11/2018	Interim	5.70p	GBX
19/04/2018	01/06/2018	Special	25.00p	GBX
19/04/2018	01/06/2018	Final	12.10p	GBX
05/10/2017	03/11/2017	Interim	5.30p	GBX
20/04/2017	02/06/2017	Final	10.80p	GBX
06/10/2016	04/11/2016	Interim	5.00p	GBX
21/04/2016	03/06/2016	Special	10.00p	GBX
21/04/2016	03/06/2016	Final	10.30p	GBX
01/10/2015	06/11/2015	Interim	4.80p	GBX
26/03/2015	01/05/2015	Special	20.00p	GBX
26/03/2015	01/05/2015	Final	9.80p	GBX
01/10/2014	07/11/2014	Interim	4.60p	GBX
09/04/2014	02/05/2014	Special	10.00p	GBX
09/04/2014	02/05/2014	Final	9.10p	GBX
02/10/2013	07/11/2013	Interim	4.40p	GBX
10/04/2013	07/05/2013	Final	8.30p	GBX
03/10/2012	07/11/2012	Interim	4.00p	GBX
04/04/2012	04/05/2012	Final	7.30p	GBX
05/10/2011	04/11/2011	Interim	3.60p	GBX
06/04/2011	06/05/2011	Final	5.75p	GBX
06/10/2010	05/11/2010	Interim	2.95p	GBX
07/04/2010	07/05/2010	Final	5.35p	GBX
02/12/2009	06/01/2010	Interim	2.95p	GBX
01/04/2009	08/05/2009	Final	5.35p	GBX
26/11/2008	06/01/2009	Interim	2.95p	GBX
04/06/2008	04/07/2008	Final	5.25p	GBX
28/11/2007	04/01/2008	Interim	2.75p	GBX
06/06/2007	05/07/2007	Final	4.50p	GBX
29/11/2006	05/01/2007	Interim	2.50p	GBX

Year	Interim	Final	Special	Currency	Total	Change
2024	6.900	16.000		GBX	22.900	6.010
2023	6.700	14.900		GBX	21.600	-36.470
2022	6.400	27.600		GBX	34.000	32.810
2021	6.200	13.400		GBX	25.600	-36.940
2020	13.300	27.300		GBX	40.600	3.300
2019	6.000	13.300	20.000	GBX	39.300	-8.170
2018	5.700	12.100	25.000	GBX	42.800	165.830
2017	5.300	10.800		GBX	16.100	-36.360
2016	5.000	10.300	10.000	GBX	25.300	2.010
2015	4.800		20.000	GBX	24.800	-25.970
2014	4.600	18.900	10.000	GBX	33.500	163.770
2013	4.400	8.300		GBX	12.700	12.380
2012	4.000	7.300		GBX	11.300	20.850
2011	3.600	5.750		GBX	9.350	12.650
2010	2.950	5.350		GBX	8.300	0.000
2009	2.950	5.350		GBX	8.300	1.210
2008	2.950	5.250		GBX	8.200	13.100
2007	2.750	4.500		GBX	7.250	190.000
2006	2.500			GBX	2.500

Bodycote Dividend Calculator

Number of Shares:

Payment	Paid	Amount
Next	–	–
Previous	–	–

Bodycote Dividend Growth

Dividend Growth (1Y)	–
Dividend CAGR (5Y)	-6.8%
Years of Growth	3
Payout Ratio	74.5%
Buyback Yield	5.17%
Shareholder Yield	8.67%

P/E Ratio (TTM)	20.19
Forward P/E	12.78
P/FCF	16.02
Earnings Yield	5.11%
FCF Yield	6.24%
ROE	8.45%
ROCE	12.02%
Profit Margin	7.55%
Operating Margin	14.37%
Gross Margin	13.77%