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Bunzl plc (BNZL.L) logo
BNZL.L|Consumer Defensive|Food Distribution|£23.70|P/E 17.0|MCap 76.9M|LSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

76/ 100Safe

BNZL.L's dividend appears safe and well-supported. Strengths include a 52.5% earnings payout ratio & 28.8% fcf payout ratio. Areas of concern: 7.1% operating margin. The dividend has been growing at a 7.48% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • FCF Payout Ratio: 28.8%Free cash flow comfortably covers the dividend.
  • Profit Margin Stability: Very StableProfit margins have stayed stable through cycles.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Operating Margin: 7.1%Operating margin is thin and pressures the dividend.

Payout & Coverage

Safe
Earnings Payout Ratio
52.5%Safe
FCF Payout Ratio
28.8%Very Safe
CFO Payout Ratio
32.1%Safe
Interest Coverage
4.5xCaution

Balance Sheet

Safe
Net Debt / Total Assets
24.0%Safe
Current Ratio
1.4xCaution
Debt-to-Equity
105.9Safe

Profitability

Safe
Return on Equity
16.5%Safe
Operating Margin
7.1%Warning
Gross Margin
28.8%Caution
Profit Margin Stability
Very StableVery Safe

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
7.5%Safe
Earnings Stability
GrowingVery Safe

About Bunzl plc

Bunzl plc is a British multinational distribution and outsourcing company headquartered in London, England. It specializes in supplying essential products and tailored solutions to businesses worldwide, enabling them to focus on core operations while achieving purchasing efficiencies and minimizing working capital. The company operates across four main regions—North America, UK & Ireland, Continental Europe, and the rest of the world, including Australasia—with key markets in foodservice, food retail, cleaning, safety, healthcare, and convenience stores. Products distributed include packaging, disposable tableware, personal protective equipment, cleaning machinery, first aid kits, carrier bags, and point-of-sale displays. Originating from a 19th-century haberdashery in what is now Slovakia, Bunzl evolved through manufacturing into a pure-play distributor by the early 2000s via strategic divestments and acquisitions, such as Nisbets in 2024 and Safety First Group in 2023. As a FTSE 100 constituent listed since 1957, Bunzl plc drives value through its global supply chain expertise, logistical capabilities, and commitment to sustainability, supporting sectors like catering, retail, and safety across over 30 countries.

Dividend Overview

Dividend Yield

3.10%

Annual Dividend

£0.74

Frequency

Semi-Annual

Payout Ratio

52.52%

FCF Payout Ratio

28.78%

Stock Price

£23.70

52-Week Range

£19.81 £26.09

Dividend History (2016–2025)

BNZL.L annual dividend per share and yield history

Earnings & Profitability

BNZL.L earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

May 21, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

8.40%

5-Year Dividend CAGR

7.48%

10-Year Dividend CAGR

20.20%

3-Year Total Growth

27.37%

5-Year Total Growth

43.41%

10-Year Total Growth

529.79%

Income Calculator

BNZL.L Dividend Calculator

Total Investment

£2,370.00

Annual Income

£74.00

Quarterly Income

£18.50

Monthly Income

£6.17

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Frequently Asked Questions

What is BNZL.L's current dividend yield?
Bunzl plc (BNZL.L) currently has a dividend yield of 3.10%, based on a stock price of £23.70 and an annual dividend of £0.74.
When is BNZL.L's next dividend payment date?
BNZL.L's next ex-dividend date is 2026-05-21 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does BNZL.L pay in dividends per year?
Bunzl plc paid £0.74 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has BNZL.L been increasing its dividend?
Bunzl plc has grown its dividend at a 5-year CAGR of 7.48% and a 10-year CAGR of 20.20%.
Is BNZL.L's dividend safe?
Bunzl plc has a payout ratio of 52.52%. A payout ratio below 60% is generally considered sustainable.
How is BNZL.L's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Bunzl plc's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer defensive companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.