Rentokil Initial

Website: Rentokil Initial
Index: FTSE 100
EPIC: RTO
Supersector: Industrial Goods and Services
Sector: Support Services
Subsector: Business Support Services
Market Cap: £11.59B
Payout Frequency: Semi-Annual

Next Rentokil Initial Dividend

Rentokil Initial next goes ex-dividend on 09/04/2026. This will be the Final dividend for 2026.

The dividend per share amount is 8.24¢ (USD) and the payment date is 18/05/2026.

Headline Dividend Details

Final dividend (FY25): 8.24 cents per share (USD), up 4.6% year-on-year.
Total FY25 dividend: 12.39 cents per share, up 3.0% (progressive policy maintained).
Ex-dividend date: 09/04/2026 (derived from record date).
Record date: 10/04/2026; Payment date: 18/05/2026.
Currency: Dividend first determined in USD; sterling amount to be announced on 23/04/2026 using the average closing spot rates from 20–22 April.
DRIP election deadline: 24/04/2026.

Coverage and Sustainability

Earnings cover: Adjusted EPS 25.91c vs DPS 12.39c ? c.2.1x covered on an adjusted basis. (On statutory total EPS of 18.62c, cover is c.1.5x.)
Cash cover: FY25 Free Cash Flow $615m vs total FY25 DPS cash cost c.$314m ? c.2.0x covered; strong FCF conversion at 98%.
Balance sheet: Net debt/EBITDA reduced to 2.6x (from 2.9x); liquidity headroom $2.6bn. Near-term refinancing risk reduced by €500m bond redemption (Mar-26).
Outlook support: Guidance implies continued cost discipline (NA transformation savings targeting $100m by 2027) and margins improving; FY26 results expected “in line” with market expectations.

Dividends Used in Calculation:

Ex-Dividend Date	Payment Date	Type	Amount	Currency
03/04/2025	14/05/2025	Final	5.93p	GBX
14/08/2025	22/09/2025	Interim	4.15¢	USX

Total (Annual Dividends Per Share): 9.03p (Using exchange rate on 09/03/2026 $ = £0.74666)

Dividend Yield = Annual Dividends Per Share (9.03p) ÷ Share Price (456p) = 1.98%

Ex Dividend Date	Payment Date	Type	Amount	Currency
09/04/2026	18/05/2026	Final	8.24¢	USX
14/08/2025	22/09/2025	Interim	4.15¢	USX
03/04/2025	14/05/2025	Final	5.93p	GBX
08/08/2024	16/09/2024	Interim	3.16p	GBX
04/04/2024	15/05/2024	Final	5.93p	GBX
03/08/2023	11/09/2023	Interim	2.75p	GBX
06/04/2023	17/05/2023	Final	5.15p	GBX
04/08/2022	12/09/2022	Interim	2.40p	GBX
07/04/2022	18/05/2022	Final	4.30p	GBX
05/08/2021	13/09/2021	Interim	2.09p	GBX
08/04/2021	19/05/2021	Final	5.41p	GBX
09/04/2020	20/05/2020	Final	3.64p	GBX
08/08/2019	11/09/2019	Interim	1.51p	GBX
11/04/2019	15/05/2019	Final	3.16p	GBX
09/08/2018	12/09/2018	Interim	1.31p	GBX
12/04/2018	16/05/2018	Final	2.74p	GBX
10/08/2017	13/09/2017	Interim	1.14p	GBX
06/04/2017	17/05/2017	Final	2.38p	GBX
11/08/2016	14/09/2016	Interim	0.99p	GBX
07/04/2016	18/05/2016	Final	2.06p	GBX
13/08/2015	16/09/2015	Interim	0.87p	GBX
16/04/2015	20/05/2015	Final	1.82p	GBX
13/08/2014	16/09/2014	Interim	0.77p	GBX
09/04/2014	21/05/2014	Final	1.61p	GBX
21/08/2013	24/09/2013	Interim	0.70p	GBX

Year	Interim	Final	Currency	Total	Change
2024	3.160	5.930	GBX	9.090	15.060
2023	2.750	5.150	GBX	7.900	17.910
2022	2.400	4.300	GBX	6.700	-10.660
2021	2.090	5.410	GBX	7.500	106.040
2020		3.640	GBX	3.640	-22.050
2019	1.510	3.160	GBX	4.670	15.300
2018	1.310	2.740	GBX	4.050	15.050
2017	1.140	2.380	GBX	3.520	15.400
2016	0.990	2.060	GBX	3.050	13.380
2015	0.870	1.820	GBX	2.690	13.020
2014	0.770	1.610	GBX	2.380	240.000
2013	0.700		GBX	0.700

Number of Shares:

Payment	Paid	Amount
Next	–	–
Previous	–	–