Segro plc
EURO STOXX 600Last update: May 9, 2026 at 09:32
Dividend Safety Rating
SGRO.L's dividend appears safe and well-supported. Strengths include a 73.5% earnings payout ratio & 7.7x interest coverage. Areas of concern: 110.3% fcf payout ratio & 0.3x current ratio. The dividend has been growing at a 7.02% 5-year CAGR. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 73.5%Low earnings payout ratio leaves room to grow the dividend.
- Debt-to-Equity: 42.2Conservative debt level relative to equity.
- Operating Margin: 67.7%Healthy operating margin provides a wide buffer.
Risks
- FCF Payout Ratio: 110.3%Free cash flow is tight relative to the dividend.
- Current Ratio: 0.3xLimited short-term liquidity to meet obligations.
- Return on Equity: 4.5%Return on equity is below industry norms.
Payout & Coverage
CautionBalance Sheet
CautionProfitability
SafeDividend Track Record
SafeAbout Segro plc
Segro plc is a UK Real Estate Investment Trust (REIT) and one of Europe's largest owners, managers, and developers of modern warehouses and industrial properties. Specializing in high-quality, sustainable assets, it provides flexible spaces including big box warehouses for regional and international distribution and urban warehousing near major population centers and business districts. Its portfolio spans eight European countries, with a significant focus on supply-constrained urban markets in the UK—such as Greater London, Thames Valley, and the Midlands—and key transportation hubs across France, Czech Republic, Poland, Italy, the Netherlands, Belgium, Spain, and Germany. Serving diverse customers in sectors like food manufacturing, transport, logistics, and retail, Segro plc generates primarily rental income while emphasizing innovation and responsibility through its Responsible SEGRO framework. This includes championing low-carbon growth, community investment, and talent development, with features like BREEAM-certified spaces, solar panel installations producing 2.7 GWh annually, and commitments to renewable energy via RE100. Founded in 1920 as Slough Estates and rebranded in 2007, Segro plc maintains a robust financial structure and market-leading operating platform to support stakeholder value and economic prosperity.
Dividend Overview
Dividend Yield
4.34%
Annual Dividend
£0.31
Frequency
Semi-Annual
Payout Ratio
73.46%
FCF Payout Ratio
110.35%
Stock Price
£7.17
52-Week Range
£6.03 – £8.45
Dividend History (2016–2025)
SGRO.L annual dividend per share and yield history
Earnings & Profitability
SGRO.L earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
March 26, 2026
Next Payment Date
—
Dividend Growth
3-Year Dividend CAGR
6.15%
5-Year Dividend CAGR
7.02%
10-Year Dividend CAGR
12.15%
3-Year Total Growth
19.60%
5-Year Total Growth
40.38%
10-Year Total Growth
214.68%
Income Calculator
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Frequently Asked Questions
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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.