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Mitie Group plc (MTO.L) logo

Mitie Group plc

EURO STOXX 600

MTO.L/Healthcare · Diagnostics & Research/LSE

Dividend Yield

2.94%

£0.04 · Annual Dividend

Stock Price£1.52P/E25.5MCap18.78Last update: Jun 26, 2026 at 06:56

Dividend Safety Rating

48/ 100Caution

MTO.L's dividend shows some areas that warrant monitoring. Strengths include a 28.9% fcf payout ratio & 8.9x interest coverage. Areas of concern: 79.2% cfo payout ratio & 0.9x current ratio.

Based on 14 of 15 metrics

Strengths

  • FCF Payout Ratio: 28.9%Free cash flow comfortably covers the dividend.
  • Net Debt / Total Assets: 9.4%Healthy balance sheet with low net debt.
  • Interest Coverage: 8.9xEarnings cover interest payments many times over.

Risks

  • Dividend Cut: YesDividend was cut or suspended in recent history.
  • CFO Payout Ratio: 79.2%Operating cash flow leaves little room for the payout.
  • Current Ratio: 0.9xLimited short-term liquidity to meet obligations.

Payout & Coverage

Safe

Balance Sheet

Caution
0.9xWarning
103.9Caution

Profitability

Caution
4.1%Warning
11.2%Warning

Dividend Track Record

Warning
5 yrsCaution
YesDanger
Mostly StableCaution

About Mitie Group plc

Mitie Group plc is a leading UK-based facilities management and professional services company founded in 1987. Headquartered at The Shard in London, it specializes in strategic outsourcing, providing a comprehensive range of services including engineering, cleaning, security, catering, waste management, landscaping, energy management, and infrastructure consultancy to public and private sector clients across the UK and Ireland. The company serves diverse sectors such as healthcare, transportation, government, prisons, immigration detention centers, offices, hospitals, airports, and railways, impacting over 7.5 million people daily by creating safe, efficient, and technology-enabled environments. Notable operations include managing major immigration removal centers for the Home Office, securing a 10-year contract for HMP Millsike prison opening in 2025, and delivering integrated facilities management for Network Rail's 800 UK sites. With around 76,000 employees, Mitie emphasizes innovation, data-driven solutions, zero-carbon initiatives, and community support, positioning it as a key player in the FTSE 250 Index for transforming places into high-performing, resilient spaces.

Dividend Overview

Dividend Yield

2.94%

Annual Dividend

£0.04

Frequency

Semi-Annual

Payout Ratio

72.13%

FCF Payout Ratio

28.93%

52-Week Range

£1.35 - £1.88

Dividend History (2016–2025)

MTO.L annual dividend per share and yield history

Earnings & Profitability

MTO.L earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

July 16, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

12.62%

5-Year Dividend CAGR

N/A

10-Year Dividend CAGR

-6.90%

3-Year Total Growth

42.86%

5-Year Total Growth

N/A

10-Year Total Growth

-51.09%

Income Calculator

MTO.L Dividend Calculator

Total Investment

£152.50

Annual Income

£4.40

Quarterly Income

£1.10

Monthly Income

£0.37

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Frequently Asked Questions

What is MTO.L's current dividend yield?
Mitie Group plc (MTO.L) currently has a dividend yield of 2.94%, based on a stock price of £1.52 and an annual dividend of £0.04.
When is MTO.L's next dividend payment date?
MTO.L's next ex-dividend date is 2026-07-16 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MTO.L pay in dividends per year?
Mitie Group plc paid £0.03 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has MTO.L been increasing its dividend?
Mitie Group plc has grown its dividend at a 5-year CAGR of — and a 10-year CAGR of -6.90%.
Is MTO.L's dividend safe?
Mitie Group plc has a payout ratio of 72.13%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is MTO.L's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Mitie 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 healthcare 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.