Vertu Motors

Website: Vertu Motors
Index: AIM
EPIC: VTU
Supersector: Retail
Sector: General Retailers
Subsector: Specialty Retail
Market Cap: £199.02M
Payout Frequency: Semi-Annual

Next Vertu Motors Dividend

Vertu Motors next goes ex-dividend on 11/12/2025. This will be the Interim dividend for 2025.

The dividend per share amount is 0.90p (GBP) and the payment date is 16/01/2026.

Key Dividend Details

Interim dividend declared: 0.90p per share (unchanged YoY).
Ex-dividend date: 11/12/2025.
Record date: 12/12/2025.
Payment date: 16/01/2026.
Prior full-year dividend (FY25): 2.05p per share.
Rationale: maintained “reflecting the strength of the balance sheet and Board confidence.”

Sustainability and Outlook

Earnings cover: H1 FY26 adjusted EPS 4.57p covers the interim ~5.1x; FY25 adjusted EPS 6.58p vs DPS 2.05p (~3.2x cover). Coverage looks robust.
Cash generation: H1 free cash flow of £0.4m (vs outflow last year) alongside disciplined costs and strong aftersales margins (aftersales gross margin 44.7%) support dividend affordability.
Balance sheet/leverage: Net debt (ex-leases) £78.3m (Feb-25: £66.6m); manageable given scale and facilities, but trending modestly higher.
Capital allocation: Active buyback programme (£5.6m in H1; £7.0m spent by 30 Sep 2025 out of £12m) reduces share count, enhancing per-share dividend capacity even if total cash outlay is held steady.
Earnings outlook: Underlying FY26 PBT expected in line with consensus excluding the one-off JLR cyber impact (up to £5.5m PBT headwind), with potential insurance recovery. Near-term caution but medium-term support intact.

Dividends Used in Calculation:

Ex-Dividend Date	Payment Date	Type	Amount	Currency
12/12/2024	17/01/2025	Interim	0.90p	GBX
26/06/2025	25/07/2025	Final	1.15p	GBX

Total (Annual Dividends Per Share): 2.05p

Dividend Yield = Annual Dividends Per Share (2.05p) ÷ Share Price (63.5p) = 3.23%

Ex Dividend Date	Payment Date	Type	Amount	Currency
11/12/2025	16/01/2026	Interim	0.90p	GBX
26/06/2025	25/07/2025	Final	1.15p	GBX
12/12/2024	17/01/2025	Interim	0.90p	GBX
27/06/2024	26/07/2024	Final	1.50p	GBX
14/12/2023	19/01/2024	Interim	0.85p	GBX
29/06/2023	28/07/2023	Final	1.45p	GBX
15/12/2022	20/01/2023	Interim	0.70p	GBX
30/06/2022	29/07/2022	Final	1.05p	GBX
16/12/2021	22/01/2022	Interim	0.65p	GBX
16/12/2021	21/01/2022	Interim	0.65p	GBX
05/12/2019	17/01/2020	Interim	0.60p	GBX
27/06/2019	29/07/2019	Final	1.05p	GBX
06/12/2018	18/01/2019	Interim	0.55p	GBX
21/06/2018	30/07/2018	Final	0.95p	GBX
07/12/2017	19/01/2018	Interim	0.55p	GBX
29/06/2017	31/07/2017	Final	0.90p	GBX
22/12/2016	20/01/2017	Interim	0.50p	GBX
23/06/2016	26/07/2016	Final	0.85p	GBX
24/12/2015	22/01/2016	Interim	0.45p	GBX
25/06/2015	28/07/2015	Final	0.70p	GBX
29/12/2014	23/01/2015	Interim	0.35p	GBX
25/06/2014	29/07/2014	Final	0.50p	GBX
23/12/2013	24/01/2014	Interim	0.30p	GBX

Year	Interim	Final	Currency	Total	Change
2024	0.900	1.500	GBX	2.400	4.340
2023	0.850	1.450	GBX	2.300	31.420
2022	0.700	1.050	GBX	1.750	34.610
2021	1.300		GBX	1.300	-21.210
2019	0.600	1.050	GBX	1.650	10.000
2018	0.550	0.950	GBX	1.500	3.440
2017	0.550	0.900	GBX	1.450	7.400
2016	0.500	0.850	GBX	1.350	17.390
2015	0.450	0.700	GBX	1.150	35.290
2014	0.350	0.500	GBX	0.850	183.330
2013	0.300		GBX	0.300

Number of Shares:

Payment	Paid	Amount
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