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Howden Joinery Group Plc (HWDN.L) logo

Howden Joinery Group Plc

EURO STOXX 600
HWDN.L|Consumer Cyclical|Furnishings, Fixtures & Appliances|£7.87|P/E 15.9|MCap 42.1M|LSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

59/ 100Caution

HWDN.L's dividend shows some areas that warrant monitoring. Strengths include a 43.5% earnings payout ratio & 35.4% fcf payout ratio. Areas of concern: Yes dividend cut.

Based on 14 of 15 metrics

Strengths

  • Earnings Payout Ratio: 43.5%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 35.4%Free cash flow comfortably covers the dividend.
  • Interest Coverage: 15.7xEarnings cover interest payments many times over.

Risks

  • Dividend Cut: YesDividend was cut or suspended in recent history.

Payout & Coverage

Very Safe
Earnings Payout Ratio
43.5%Very Safe
FCF Payout Ratio
35.4%Very Safe
CFO Payout Ratio
35.2%Safe
Interest Coverage
15.7xVery Safe

Balance Sheet

Very Safe
Net Debt / Total Assets
15.3%Safe
Current Ratio
2.1xVery Safe
Debt-to-Equity
59.2Very Safe

Profitability

Very Safe
Return on Equity
23.1%Very Safe
Operating Margin
16.0%Safe
Gross Margin
62.7%Very Safe
Profit Margin Stability
StableSafe

Dividend Track Record

Caution
Dividend Streak
5 yrsCaution
Dividend Cut
YesDanger
5-Year Dividend CAGR
N/AN/A
Earnings Stability
GrowingVery Safe

About Howden Joinery Group Plc

Howden Joinery Group Plc is the UK's leading specialist supplier of kitchens and joinery products, operating exclusively through trade customers such as builders and professionals. Founded in 1995 as a business unit within MFI Furniture Group and later rebranded, the company has expanded from 14 depots to nearly 950 across the UK, France, Belgium, and the Republic of Ireland, emphasizing a trade-only model that fosters local partnerships and efficient supply chains. Its primary purpose is to equip trade customers with high-quality, in-stock products—including fitted kitchens, worktops, appliances, bedrooms, hardware, tools, and bathroom cabinetry—to help them deliver exceptional results and profit accordingly. Manufacturing occurs in facilities in Howden, East Yorkshire, and Runcorn, Cheshire, with all products carrying FSC chain of custody certification and a 25-year guarantee on cabinetry. Howden Joinery Group Plc plays a pivotal role in the furnishings, fixtures, and appliances sector, maintaining market leadership through ongoing investments in depots, digital capabilities, and product ranges, while generating robust revenue of £2.3 billion and strong profitability in recent years. Headquartered in London, it upholds a culture valuing success for all stakeholders, from trade partners to communities and investors.

Dividend Overview

Dividend Yield

2.81%

Annual Dividend

£0.22

Frequency

Semi-Annual

Payout Ratio

43.47%

FCF Payout Ratio

35.43%

Stock Price

£7.87

52-Week Range

£7.54 £9.81

Dividend History (2016–2025)

HWDN.L annual dividend per share and yield history

Earnings & Profitability

HWDN.L earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 9, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

2.29%

5-Year Dividend CAGR

N/A

10-Year Dividend CAGR

8.64%

3-Year Total Growth

7.04%

5-Year Total Growth

N/A

10-Year Total Growth

129.03%

Income Calculator

HWDN.L Dividend Calculator

Total Investment

£786.74

Annual Income

£21.90

Quarterly Income

£5.48

Monthly Income

£1.83

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Frequently Asked Questions

What is HWDN.L's current dividend yield?
Howden Joinery Group Plc (HWDN.L) currently has a dividend yield of 2.81%, based on a stock price of £7.87 and an annual dividend of £0.22.
When is HWDN.L's next dividend payment date?
HWDN.L's next ex-dividend date is 2026-04-09 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does HWDN.L pay in dividends per year?
Howden Joinery Group Plc paid £0.21 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has HWDN.L been increasing its dividend?
Howden Joinery Group Plc has grown its dividend at a 5-year CAGR of — and a 10-year CAGR of 8.64%.
Is HWDN.L's dividend safe?
Howden Joinery Group Plc has a payout ratio of 43.47%. A payout ratio below 60% is generally considered sustainable.
How is HWDN.L's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Howden Joinery Group 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 cyclical 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.