Mincon Group

Mincon Group Dividend Analysis and Summary

• Dividend type: Interim
• Dividend per share: €0.0105 (1.05 cent)
• Ex-dividend date: 13/11/2025 (derived as one business day before the record date)
• Record date: 14/11/2025
• Payment date: 05/12/2025
• Currency: EUR (GBP investors face FX translation risk)

• Capacity to fund: The company reports year-to-date revenue ahead of last year and an improved gross margin in Q3, supported by cost reduction and operational restructuring. This backdrop is supportive of maintaining a modest interim payout.
• Earnings/cash coverage: No profit or cash-flow figures were disclosed in this update, so coverage cannot be quantified. However, the small interim (€0.0105) suggests a conservative cash outlay consistent with preserving balance sheet flexibility.
• Growth trajectory: No comparison to prior interim dividends is provided. With management focused on restructuring and restoring competitiveness, dividend growth near term looks likely to be cautious rather than aggressive.
• Capital allocation: Continued investment in new technology and a key renewable-focused development project indicates ongoing capex and R&D priorities; the chosen interim level appears calibrated to balance investment needs with shareholder returns.