Volution Group

Website: Volution Group
Index: FTSE 250
EPIC: FAN
Supersector: Construction and Materials
Sector: Construction and Materials
Subsector: Building Materials and Fixtures
Market Cap: £1.17B
Payout Frequency: Semi-Annual

Next Volution Group Dividend

Volution Group next goes ex-dividend on 26/03/2026. This will be the Interim dividend for 2026.

The dividend per share amount is 4.0000p (GBP) and the payment date is 05/05/2026.

Dividend summary

Dividend type: Interim
Dividend per share: 4.0p (up +17.6% year-on-year vs 3.4p)
Ex-dividend date: 26/03/2026 (derived from record date)
Record date: 27/03/2026
Payment date: 05/05/2026
Currency: GBP
Earnings cover (H1 FY26): interim DPS covered c. 4.6x by adjusted EPS (18.2p); c. 3.6x on statutory EPS (14.5p)
Context: FY25 dividends were interim 3.4p and final 7.4p (total 10.8p)

Dividend sustainability and growth

Cash generation: Strong, with adjusted operating cash flow £51.6m and cash conversion 98%. Net leverage at period end 1.3x (ex-leases), expected to be c. 1.8x post ACI acquisition—comfortably within covenants.
Earnings support: Interim DPS is modest versus earnings (cover ~4.6x on adjusted basis), and the Board guides FY26 adjusted EPS to the top end of 35.0–36.5p, implying ample headroom for a progressive dividend.
Capital allocation balance: Continued dividend growth (+17.6% interim) alongside M&A and targeted capex (£4.3m) indicates a disciplined approach; returns on invested capital remain high (ROIC 24.6%).
Trajectory: The uplift in the interim DPS and positive H1 trading/margin resilience suggest scope for another year of full-year DPS growth, barring a sharp deterioration in end markets or acquisition-related cash demands.

Dividends Used in Calculation:

Ex-Dividend Date	Payment Date	Type	Amount	Currency
27/03/2025	06/05/2025	Interim	3.40p	GBX
20/11/2025	16/12/2025	Final	7.40p	GBX

Total (Annual Dividends Per Share): 10.80p

Dividend Yield = Annual Dividends Per Share (10.80p) ÷ Share Price (584p) = 1.85%

Ex Dividend Date	Payment Date	Type	Amount	Currency
26/03/2026	05/05/2026	Interim	4.0000p	GBX
20/11/2025	16/12/2025	Final	7.40p	GBX
27/03/2025	06/05/2025	Interim	3.40p	GBX
21/11/2024	17/12/2024	Final	6.20p	GBX
28/03/2024	07/05/2024	Interim	2.80p	GBX
23/11/2023	19/12/2023	Final	5.50p	GBX
23/03/2023	02/05/2023	Interim	2.50p	GBX
24/11/2022	20/12/2022	Final	5.00p	GBX
24/03/2022	03/05/2022	Interim	2.30p	GBX
18/11/2021	16/12/2021	Final	4.40p	GBX
25/03/2021	04/05/2021	Interim	1.90p	GBX
26/03/2020	05/05/2020	Interim	1.71p	GBX
21/11/2019	18/12/2019	Final	3.30p	GBX
28/03/2019	03/05/2019	Interim	1.60p	GBX
22/11/2018	18/12/2018	Final	2.98p	GBX
29/03/2018	03/05/2018	Interim	1.46p	GBX
23/11/2017	18/12/2017	Final	2.80p	GBX
30/03/2017	04/05/2017	Interim	1.35p	GBX
17/11/2016	14/12/2016	Final	2.60p	GBX
31/03/2016	05/05/2016	Interim	1.20p	GBX
26/11/2015	18/12/2015	Final	2.25p	GBX
02/04/2015	14/05/2015	Interim	1.05p	GBX

Year	Interim	Final	Currency	Total	Change
2024	2.800	6.200	GBX	9.000	12.500
2023	2.500	5.500	GBX	8.000	9.580
2022	2.300	5.000	GBX	7.300	15.870
2021	1.900	4.400	GBX	6.300	268.420
2020	1.710		GBX	1.710	-65.100
2019	1.600	3.300	GBX	4.900	10.360
2018	1.460	2.980	GBX	4.440	6.980
2017	1.350	2.800	GBX	4.150	9.210
2016	1.200	2.600	GBX	3.800	15.150
2015	1.050	2.250	GBX	3.300

Number of Shares:

Payment	Paid	Amount
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