Mincon Group

Website: Mincon Group
Index: AIM
EPIC: MCON
Supersector: Industrial Goods and Services
Sector: Industrial Engineering
Subsector: Machinery: Industrial
Market Cap: £127.48M
Payout Frequency: Semi-Annual

Next Mincon Group Dividend

Mincon Group next goes ex-dividend on 21/05/2026. This will be the Final dividend for 2026.

The dividend per share amount is 1.05¢ (EUR) and the payment date is 12/06/2026.

Dividend summary (ex-dividend 21/05/2026)

Final dividend: €0.0105 (1.05c) per share, subject to AGM approval (April 2026).
Total FY2025 dividend: €0.0210 (2.10c) per share (unchanged vs FY2024).
Ex-dividend date: 21/05/2026 (derived from record date).
Record date: 22/05/2026.
Payment date: 12/06/2026.
Currency: Euro.
Estimated cash cost of the final dividend: ~€2.23m (based on 212.47m shares); total FY2025 dividends paid/declared: ~€4.46m.

Dividend sustainability and coverage

Earnings cover: FY2025 basic EPS €0.026 vs DPS €0.021 ? ~1.24x cover (payout ~81%). Earnings cover is on the tight side but improved with higher profits.
Cash cover: Operating cash flow €8.8m; free cash flow (CFO – capex) ~€5.8m vs FY dividend ~€4.46m ? ~1.3x FCF cover; 2.0x on CFO. Adequate but not generous given working capital needs.
Balance sheet and interest cover: Cash €11.7m; interest-bearing borrowings €33.5m (net ~€21.9m). EBITDA €19.3m and finance costs €2.0m ? interest cover ~9–10x; leverage looks manageable.
Trajectory: FY2025 DPS is flat YoY (2.10c). With EBITDA margin recovery (13.0% vs 11.2%) and guidance for continued growth in 2026, the current dividend appears maintainable; near-term growth likely modest until earnings and free cash flow expand further.

Dividends Used in Calculation:

Ex-Dividend Date	Payment Date	Type	Amount	Currency
22/05/2025	13/06/2025	Final	1.05¢	EUX
13/11/2025	05/12/2025	Interim	1.05¢	EUX

Total (Annual Dividends Per Share): 1.81p (Using exchange rate on 19/03/2026 EUR = £0.86192)

Dividend Yield = Annual Dividends Per Share (1.81p) ÷ Share Price (58.22p) = 3.11%

Ex Dividend Date	Payment Date	Type	Amount	Currency
21/05/2026	12/06/2026	Final	1.05¢	EUX
13/11/2025	05/12/2025	Interim	1.05¢	EUX
22/05/2025	13/06/2025	Final	1.05¢	EUX
14/11/2024	06/12/2024	Interim	1.05¢	EUX
23/05/2024	14/06/2024	Final	1.05¢	EUX
16/11/2023	08/12/2023	Interim	1.05¢	EUX
25/05/2023	16/06/2023	Final	1.05¢	EUX
18/08/2022	09/09/2022	Interim	1.05¢	EUX
26/05/2022	17/06/2022	Final	1.05¢	EUX
19/08/2021	10/09/2021	Interim	1.05¢	EUX
27/05/2021	18/06/2021	Final	1.05¢	EUX
13/08/2020	04/09/2020	Interim	1.05¢	EUX

Year	Interim	Final	Currency	Total	Change
2024	1.050	1.050	EUX	2.100	0.000
2023	1.050	1.050	EUX	2.100	0.000
2022	1.050	1.050	EUX	2.100	0.000
2021	1.050	1.050	EUX	2.100	100.000
2020	1.050		EUX	1.050

Number of Shares:

Payment	Paid	Amount
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