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Segro plc (SGRO.L) logo
SGRO.L|Real Estate|REIT - Industrial|£7.17|P/E 17.5|MCap 97.0M|LSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

62/ 100Safe

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

Caution
Earnings Payout Ratio
73.5%Very Safe
FCF Payout Ratio
110.3%Danger
CFO Payout Ratio
65.2%Caution
Interest Coverage
7.7xSafe

Balance Sheet

Caution
Net Debt / Total Assets
30.6%Caution
Current Ratio
0.3xDanger
Debt-to-Equity
42.2Very Safe

Profitability

Safe
Return on Equity
4.5%Warning
Operating Margin
67.7%Very Safe
Gross Margin
78.8%Very Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
7.0%Safe
Earnings Stability
VolatileWarning

About 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

SGRO.L Dividend Calculator

Total Investment

£717.20

Annual Income

£31.10

Quarterly Income

£7.78

Monthly Income

£2.59

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Frequently Asked Questions

What is SGRO.L's current dividend yield?
Segro plc (SGRO.L) currently has a dividend yield of 4.34%, based on a stock price of £7.17 and an annual dividend of £0.31.
When is SGRO.L's next dividend payment date?
SGRO.L's next ex-dividend date is 2026-03-26 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does SGRO.L pay in dividends per year?
Segro plc paid £0.30 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has SGRO.L been increasing its dividend?
Segro plc has grown its dividend at a 5-year CAGR of 7.02% and a 10-year CAGR of 12.15%.
Is SGRO.L's dividend safe?
Segro plc has a payout ratio of 73.46%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is SGRO.L's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Segro 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 real estate 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.