Travis Perkins

Website: Travis Perkins
Index: FTSE 250
EPIC: TPK
Supersector: Industrial Goods and Services
Sector: Support Services
Subsector: Industrial Suppliers
Market Cap: £1.24B
Payout Frequency: Semi-Annual

Next Travis Perkins Dividend

Travis Perkins next goes ex-dividend on 16/04/2026. This will be the Final dividend for 2026.

The dividend per share amount is 7.5000p (GBP) and the payment date is 28/05/2026.

Key Dividend Details

Proposed final dividend: 7.5p per share (FY24: 9.0p), bringing the FY25 total to 12.0p (FY24: 14.5p), a 17.2% reduction YoY.
Policy: payout of 30–40% of adjusted earnings. FY25 adjusted EPS: 30.8p ? implied payout c. 39%; dividend cover c. 2.6x.
Ex-dividend date: 16/04/2026; Record date: 17/04/2026; Payment date: 28/05/2026.
Estimated cash cost of proposed final dividend: £15.8m; total dividends paid in FY25: £28.6m.
Dividend Reinvestment Plan available; DRIP election deadline: 06/05/2026.

Dividend Sustainability and Growth Outlook

Cover and policy alignment: FY25 DPS of 12.0p is within the 30–40% payout range and covered ~2.6x by adjusted EPS (30.8p), indicating adequate earnings cover despite lower profits.
Cash support: Strong FY25 free cash flow of £206m versus total dividends of £28.6m, and liquidity headroom of ~£803m. However, FY25 cash benefited from a £136m working-capital inflow that is unlikely to repeat, tempering forward cash cover.
Balance sheet: Net debt/adjusted EBITDA improved to 2.1x (target range 1.5–2.0x), and net cash before leases of £1m provides resilience. No significant refinancing until 2028.
Earnings trajectory: Adjusted operating profit fell 12.5% YoY and adjusted EPS declined to 30.8p; market backdrop remains subdued, and interest expense will be ~£6m higher in 2026 with lower property profits guided (~£5m vs £10m in 2025). Near-term dividend growth therefore appears constrained until earnings recover.

Dividends Used in Calculation:

Ex-Dividend Date	Payment Date	Type	Amount	Currency
17/04/2025	29/05/2025	Final	9.00p	GBX
02/10/2025	07/11/2025	Interim	4.50p	GBX

Total (Annual Dividends Per Share): 13.50p

Dividend Yield = Annual Dividends Per Share (13.50p) ÷ Share Price (615p) = 2.2%

Ex Dividend Date	Payment Date	Type	Amount	Currency
16/04/2026	28/05/2026	Final	7.5000p	GBX
02/10/2025	07/11/2025	Interim	4.50p	GBX
17/04/2025	29/05/2025	Final	9.00p	GBX
03/10/2024	08/11/2024	Interim	5.50p	GBX
28/03/2024	09/05/2024	Final	5.50p	GBX
05/10/2023	10/11/2023	Interim	12.50p	GBX
06/04/2023	18/05/2023	Final	26.50p	GBX
06/10/2022	11/11/2022	Interim	12.50p	GBX
31/03/2022	13/05/2022	Final	26.00p	GBX
30/09/2021	05/11/2021	Special	35.00p	GBX
30/09/2021	05/11/2021	Interim	12.00p	GBX
02/04/2020	13/05/2020	Final	33.00p	GBX
03/10/2019	08/11/2019	Interim	15.50p	GBX
04/04/2019	17/05/2019	Final	31.50p	GBX
04/10/2018	09/11/2018	Interim	15.50p	GBX
05/04/2018	11/05/2018	Final	30.50p	GBX
28/09/2017	10/11/2017	Interim	15.50p	GBX
13/04/2017	26/05/2017	Final	29.75p	GBX
06/10/2016	08/11/2016	Interim	15.25p	GBX
28/04/2016	27/05/2016	Final	29.25p	GBX
08/10/2015	10/11/2015	Interim	14.75p	GBX
30/04/2015	01/06/2015	Final	25.75p	GBX
09/10/2014	11/11/2014	Interim	12.25p	GBX
30/04/2014	30/05/2014	Final	21.00p	GBX
09/10/2013	11/11/2013	Interim	10.00p	GBX

Year	Interim	Final	Special	Currency	Total	Change
2024	5.500			GBX	5.500	-87.640
2023	12.500	32.000		GBX	44.500	256.000
2022	12.500			GBX	12.500	-82.870
2021	12.000	26.000	35.000	GBX	73.000	121.210
2020		33.000		GBX	33.000	-29.780
2019	15.500	31.500		GBX	47.000	2.170
2018	15.500	30.500		GBX	46.000	1.650
2017	15.500	29.750		GBX	45.250	1.680
2016	15.250	29.250		GBX	44.500	9.870
2015	14.750	25.750		GBX	40.500	21.800
2014	12.250	21.000		GBX	33.250	232.500
2013	10.000			GBX	10.000

Number of Shares:

Payment	Paid	Amount
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