Essentra

Website: Essentra
Index: FTSE Small Cap
EPIC: ESNT
Supersector: Industrial Goods and Services
Sector: Support Services
Subsector: Industrial Suppliers
Market Cap: £257.15M
Payout Frequency: Semi-Annual

Next Essentra Dividend

Essentra next goes ex-dividend on 14/05/2026. This will be the Final dividend for 2026.

The dividend per share amount is 1.2000p (GBP) and the payment date is 03/07/2026.

Key dividend details

Final dividend: 1.2p per share (FY25)
Total FY25 dividend: 2.0p per share (vs 2.8p in FY24; dividend cut)
Ex-dividend date: 14/05/2026
Record date: 15/05/2026
Payment date: 03/07/2026
Dividend policy: c.3x cover of adjusted earnings
FY25 adjusted EPS: 6.1p ? payout ratio c.33%; cover ~3.0x
Cash cost: final c.£3.4m; FY25 declared total c.£5.7m
DRIP available; election deadline: 12/06/2026
Balance sheet: net debt £60.7m; leverage 1.4x ND/adj. EBITDA (target <1.5x)

Analysis: sustainability and outlook

Sustainability: The dividend is conservatively set and well covered (~3x) by adjusted earnings, with strong cash conversion (FCF £31.5m) and moderate leverage providing support. Cash dividends paid in 2025 (£6.7m) were covered ~4.7x by FCF.
Growth trajectory: FY25 saw a reset to 2.0p from 2.8p, aligning with the 3x cover policy after a year of margin pressure (adj. op. margin 10.6%, down 260bps). With a medium-term aim to lift margins toward ~18% and order momentum into 2026, modest dividend growth could resume as earnings rebuild; near term, expect a cautious/stable stance.
Earnings/tax dynamics: The FY25 effective tax rate (underlying) was 15.8%, but guidance is 26–29% medium term, which could trim earnings cover unless offset by margin recovery.
Cash items: Adjusting/SaaS cash outflows (£19.3m) remain a headwind but are time-bound and reducing, supporting future FCF capacity for distributions.

Dividends Used in Calculation:

Ex-Dividend Date	Payment Date	Type	Amount	Currency
15/05/2025	03/07/2025	Final	1.55p	GBX
18/09/2025	24/10/2025	Interim	0.80p	GBX

Total (Annual Dividends Per Share): 2.35p

Dividend Yield = Annual Dividends Per Share (2.35p) ÷ Share Price (98.9p) = 2.38%

Ex Dividend Date	Payment Date	Type	Amount	Currency
14/05/2026	03/07/2026	Final	1.2000p	GBX
18/09/2025	24/10/2025	Interim	0.80p	GBX
15/05/2025	03/07/2025	Final	1.55p	GBX
19/09/2024	25/10/2024	Interim	1.25p	GBX
16/05/2024	05/07/2024	Final	2.40p	GBX
21/09/2023	27/10/2023	Interim	1.20p	GBX
18/05/2023	30/06/2023	Final	1.00p	GBX
20/03/2023	27/04/2023	Special	29.80p	GBX
22/09/2022	28/10/2022	Interim	2.30p	GBX
21/04/2022	01/06/2022	Final	4.00p	GBX
23/09/2021	29/10/2021	Interim	2.00p	GBX
22/04/2021	01/06/2021	Final	3.30p	GBX
23/04/2020	01/06/2020	Final	14.40p	GBX
26/09/2019	30/10/2019	Interim	6.30p	GBX
25/04/2019	03/06/2019	Final	14.40p	GBX
27/09/2018	31/10/2018	Interim	6.30p	GBX
15/03/2018	01/05/2018	Final	14.40p	GBX
28/09/2017	30/10/2017	Interim	6.30p	GBX
16/03/2017	02/05/2017	Final	14.40p	GBX
29/09/2016	31/10/2016	Interim	6.30p	GBX
17/03/2016	03/05/2016	Final	14.40p	GBX
24/09/2015	30/10/2015	Interim	6.30p	GBX
26/03/2015	01/05/2015	Final	12.60p	GBX
24/09/2014	30/10/2014	Interim	5.70p	GBX
09/04/2014	02/05/2014	Final	10.60p	GBX
25/09/2013	28/10/2013	Interim	4.80p	GBX

Year	Interim	Final	Special	Currency	Total	Change
2024	1.250	2.400		GBX	3.650	-88.590
2023	1.200	1.000	29.800	GBX	32.000	407.930
2022	2.300	4.000		GBX	6.300	18.860
2021	2.000	3.300		GBX	5.300	-63.190
2020		14.400		GBX	14.400	-30.430
2019	6.300	14.400		GBX	20.700	228.570
2018	6.300			GBX	6.300	-69.560
2017	6.300	14.400		GBX	20.700	0.000
2016	6.300	14.400		GBX	20.700	0.000
2015	6.300	14.400		GBX	20.700	-28.370
2014	5.700	23.200		GBX	28.900	502.080
2013	4.800			GBX	4.800

Number of Shares:

Payment	Paid	Amount
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