Hiscox

Website: Hiscox
Index: FTSE 100
EPIC: HSX
Supersector: Insurance
Sector: Nonlife Insurance
Subsector: Property and Casualty Insurance
Market Cap: £4.84B
Payout Frequency: Semi-Annual

Next Hiscox Dividend

Hiscox next goes ex-dividend on 23/04/2026. This will be the Final dividend for 2026.

The dividend per share amount is 35.90¢ (USD) and the payment date is 08/06/2026.

Key dividend details

Final dividend: 35.9¢ per share (USD), up 20% year-on-year.
Interim dividend already paid: 14.4¢ (USD). FY25 total dividend per share: 50.3¢ (vs 43.1¢ in FY24).
Ex-dividend date: 23/04/2026 (derived from the stated record date of 24/04/2026).
Record date: 24/04/2026; Payment date: 08/06/2026.
Currency and method: Declared in USD; paid in Sterling by default unless shareholders elect USD. FX conversion window: 19–26/05/2026 (average rate).
Scrip Dividend Scheme: Suspended. DRIP available; election deadline: 18/05/2026.
Dividend policy: Described as progressive and expected to be maintained.

Focused analysis: sustainability and growth

Earnings cover: FY25 basic EPS 180.7¢ and adjusted operating EPS 183.9¢ versus DPS 50.3¢ implies a payout ratio of ~28% (c. 3.5–3.7x cover) — comfortably sustainable.
Capital and solvency: Bermuda solvency capital ratio (BSCR) 233% at year-end; pro forma after the final dividend and new buyback 211% (still above the 190–200% target range). Liquidity at HoldCo remains > $1bn. Supports ongoing distributions.
Operating performance: Undiscounted combined ratio 87.8%; third consecutive year of record PBT $732.7m; investment result $442.7m. Positive reserve releases of $292.7m aided results; not guaranteed to repeat at this scale.
Growth trajectory and policy: Second consecutive +20% increase in the final dividend and FY DPS up ~17% YoY align with the progressive policy. Management guides Retail growth to 8% in FY26 and expects $75m P&L benefit from the change programme in 2026 (building to $200m from 2028), which should underpin earnings and the dividend.

Dividends Used in Calculation:

Ex-Dividend Date	Payment Date	Type	Amount	Currency
24/04/2025	09/06/2025	Final	29.90¢	USX
14/08/2025	23/09/2025	Interim	14.40¢	USX

Total (Annual Dividends Per Share): 33.46p (Using exchange rate on 13/03/2026 $ = £0.75534)

Dividend Yield = Annual Dividends Per Share (33.46p) ÷ Share Price (1523p) = 2.2%

Ex Dividend Date	Payment Date	Type	Amount	Currency
23/04/2026	08/06/2026	Final	35.90¢	USX
14/08/2025	23/09/2025	Interim	14.40¢	USX
24/04/2025	09/06/2025	Final	29.90¢	USX
15/08/2024	24/09/2024	Interim	13.20¢	USX
02/05/2024	12/06/2024	Final	25.00¢	USX
17/08/2023	26/09/2023	Interim	12.50¢	USX
04/05/2023	13/06/2023	Final	24.00¢	USX
11/08/2022	20/09/2022	Interim	12.00¢	USX
05/05/2022	13/06/2022	Final	23.00¢	USX
12/08/2021	22/09/2021	Interim	11.50¢	USX
14/05/2020	10/06/2020	Final	29.60¢	USX
08/08/2019	11/09/2019	Interim	13.75¢	USX
09/05/2019	12/06/2019	Final	28.60¢	USX
09/08/2018	11/09/2018	Interim	13.25¢	USX
10/05/2018	12/06/2018	Final	19.50¢	USX
10/08/2017	13/09/2017	Interim	9.50¢	USX
11/05/2017	20/06/2017	Final	19.00¢	USX
04/08/2016	09/09/2016	Interim	8.50¢	USX
10/03/2016	07/04/2016	Special	16.00p	GBX
10/03/2016	07/04/2016	Final	16.00p	GBX
06/08/2015	16/09/2015	Interim	8.00p	GBX
26/03/2015	02/04/2015	Special	45.00p	GBX
26/03/2015	02/04/2015	Final	15.00p	GBX
06/08/2014	17/09/2014	Interim	7.50p	GBX
13/03/2014	09/04/2014	Special	36.00p	GBX
13/03/2014	09/04/2014	Final	14.00p	GBX
07/08/2013	18/09/2013	Interim	7.00p	GBX

Year	Interim	Final	Special	Currency	Total	Change
2024	13.200	25.000		USX	38.200	4.650
2023	12.500	24.000		USX	36.500	4.280
2022	12.000	23.000		USX	35.000	204.340
2021	11.500			USX	11.500	-61.140
2020		29.600		USX	29.600	-30.100
2019	13.750	28.600		USX	42.350	29.310
2018	13.250	19.500		USX	32.750	14.910
2017	9.500	19.000		USX	28.500	16.320
2016	8.500		16.000	GBX	24.500	-64.490
2015	8.000	16.000	45.000	GBX	69.000	17.940
2014	7.500	15.000	36.000	GBX	58.500	178.570
2013	7.000	14.000		GBX	21.000

Number of Shares:

Payment	Paid	Amount
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