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Melrose Industries PLC (MRO.L) logo

Melrose Industries PLC

EURO STOXX 600
MRO.L|Industrials|Specialty Industrial Machinery|£5.11|P/E 17.8|MCap 63.8M|LSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

48/ 100Caution

MRO.L's dividend shows some areas that warrant monitoring. Strengths include a 22.1% earnings payout ratio & 33.9% cfo payout ratio. Areas of concern: 1.0x current ratio & Unstable profit margin stability.

Based on 14 of 15 metrics

Strengths

  • Earnings Payout Ratio: 22.1%Low earnings payout ratio leaves room to grow the dividend.
  • Debt-to-Equity: 67.6Conservative debt level relative to equity.
  • CFO Payout Ratio: 33.9%Operating cash flow strongly supports the payout.

Risks

  • Profit Margin Stability: UnstableProfit margins have been volatile.
  • Dividend Cut: YesDividend was cut or suspended in recent history.
  • Earnings Stability: UnstableEarnings have been volatile, pressuring the dividend.

Payout & Coverage

Safe
Earnings Payout Ratio
22.1%Very Safe
FCF Payout Ratio
68.9%Caution
CFO Payout Ratio
33.9%Safe
Interest Coverage
4.7xCaution

Balance Sheet

Safe
Net Debt / Total Assets
22.9%Safe
Current Ratio
1.0xWarning
Debt-to-Equity
67.6Very Safe

Profitability

Caution
Return on Equity
13.1%Safe
Operating Margin
8.3%Caution
Gross Margin
23.7%Caution
Profit Margin Stability
UnstableDanger

Dividend Track Record

Warning
Dividend Streak
5 yrsCaution
Dividend Cut
YesDanger
5-Year Dividend CAGR
N/AN/A
Earnings Stability
UnstableDanger

About Melrose Industries PLC

Melrose Industries PLC is a British pure-play aerospace manufacturing company headquartered in Birmingham, England. It serves as the parent company of GKN Aerospace, specializing in the production of advanced aerospace components and systems for major global customers. The company focuses on two primary segments: Structures, which generates revenue from aerostructures, and Engines, encompassing engine components and sub-systems. With approximately 12,662 employees, Melrose Industries PLC delivers critical technologies essential to the aerospace and defense sector, impacting aircraft manufacturing and maintenance worldwide. Geographically, its sales are distributed across North America, the United Kingdom, rest of Europe, and other regions. Founded in 2003 through a buy-improve-sell strategy, it evolved significantly after acquiring GKN in 2018 and demerging its automotive and powder metallurgy businesses as Dowlais Group in 2023, sharpening its focus on aerospace operations. Listed on the London Stock Exchange and a FTSE 100 constituent, Melrose Industries PLC plays a pivotal role in the industrial goods market, particularly within aerospace and defense, supporting innovation in high-performance aviation technologies.

Dividend Overview

Dividend Yield

1.41%

Annual Dividend

£0.07

Frequency

Semi-Annual

Payout Ratio

22.07%

FCF Payout Ratio

68.91%

Stock Price

£5.11

52-Week Range

£4.40 £6.85

Dividend History (2016–2025)

MRO.L annual dividend per share and yield history

Earnings & Profitability

MRO.L earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

March 19, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

-26.96%

5-Year Dividend CAGR

N/A

10-Year Dividend CAGR

-31.36%

3-Year Total Growth

-61.04%

5-Year Total Growth

N/A

10-Year Total Growth

-97.68%

Income Calculator

MRO.L Dividend Calculator

Total Investment

£511.40

Annual Income

£7.20

Quarterly Income

£1.80

Monthly Income

£0.60

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Frequently Asked Questions

What is MRO.L's current dividend yield?
Melrose Industries PLC (MRO.L) currently has a dividend yield of 1.41%, based on a stock price of £5.11 and an annual dividend of £0.07.
When is MRO.L's next dividend payment date?
MRO.L's next ex-dividend date is 2026-03-19 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MRO.L pay in dividends per year?
Melrose Industries PLC paid £0.06 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has MRO.L been increasing its dividend?
Melrose Industries PLC has grown its dividend at a 5-year CAGR of — and a 10-year CAGR of -31.36%.
Is MRO.L's dividend safe?
Melrose Industries PLC has a payout ratio of 22.07%. A payout ratio below 60% is generally considered sustainable.
How is MRO.L's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Melrose Industries 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 industrials 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.