Unite Group plc
EURO STOXX 600Last 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
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
CautionBalance Sheet
SafeProfitability
CautionDividend Track Record
WarningDividend 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%
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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.