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UTG.L

Unite Group plc

EURO STOXX 600
UTG.L|Real Estate|REIT - Diversified|£4.57|P/E 23.4|MCap 2.5B|LSE

Last update: Mar 25, 2026 at 04:53

About Unite Group plc

Unite Group plc is a United Kingdom-based Real Estate Investment Trust (REIT) specializing in the ownership, management, and development of purpose-built student accommodation (PBSA). As the UK's largest provider in this sector, it serves the higher education market by offering high-quality, safe, and affordable housing to students, often through direct rentals and university partnerships. The company operates primarily in the United Kingdom, with its portfolio supporting universities across the country and achieving strong occupancy rates, such as 95.2% in recent periods, alongside rental growth. Founded in 1991 in Bristol, where it maintains its headquarters, Unite Group plc employs around 1,900 people and focuses on expanding through new developments, asset management projects, and strategic partnerships like its recent collaboration with Newcastle University. Listed on the London Stock Exchange and a FTSE member, it plays a key role in the residential REIT sector, addressing the growing demand for student housing amid expanding higher education enrollment. With leadership including CEO Joseph Lister and Chairman Richard Huntingford, the firm emphasizes positive impacts on students, communities, and the environment.

Dividend Overview

Dividend Yield

8.02%

Annual Dividend

£0.38

Frequency

Semi-Annual

Payout Ratio

189.45%

FCF Payout Ratio

210.15%

Stock Price

£4.57

52-Week Range

£4.50 £8.84

Dividend Health Score

47/ 100Caution

UTG.L's dividend shows some areas that warrant monitoring. Strengths include a 28.0% cfo payout ratio & 14.7x interest coverage. Areas of concern: 189.5% earnings payout ratio & 210.2% fcf payout ratio. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 14 of 15 metrics

Payout & Coverage

Caution
Earnings Payout Ratio
189.5%Danger
FCF Payout Ratio
210.2%Danger
CFO Payout Ratio
28.0%Very Safe
Interest Coverage
14.7xVery Safe

Balance Sheet

Safe
Net Debt / Total Assets
16.7%Safe
Current Ratio
0.8xWarning
Debt-to-Equity
28.1Very Safe

Profitability

Caution
Return on Equity
2.1%Danger
Operating Margin
43.5%Very Safe
Gross Margin
71.1%Very Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

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

Dividend History (2016–2025)

UTG.L annual dividend per share and yield history

Earnings & Profitability

UTG.L earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

April 16, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

12.33%

5-Year Dividend CAGR

N/A

10-Year Dividend CAGR

10.03%

3-Year Total Growth

41.73%

5-Year Total Growth

N/A

10-Year Total Growth

160.00%

Income Calculator

UTG.L Dividend Calculator

Total Investment

£456.60

Annual Income

£37.70

Quarterly Income

£9.43

Monthly Income

£3.14

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Frequently Asked Questions

What is UTG.L's current dividend yield?
Unite Group plc (UTG.L) currently has a dividend yield of 8.02%, based on a stock price of £4.57 and an annual dividend of £0.38.
When is UTG.L's next dividend payment date?
UTG.L's next ex-dividend date is 2026-04-16 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does UTG.L pay in dividends per year?
Unite Group plc paid £0.38 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has UTG.L been increasing its dividend?
Unite Group plc has grown its dividend at a 5-year CAGR of — and a 10-year CAGR of 10.03%.
Is UTG.L's dividend safe?
Unite Group plc has a payout ratio of 189.45%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is UTG.L's Dividend Health Score calculated?
The Dividend Health Score evaluates Unite Group plc's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). 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 Health Score, 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.