Dividend Information

The Board has proposed a final dividend per share for 2019 of 22.9 pence per share. If approved by Shareholders at the AGM on 18 July, this will give a total dividend for the year of 30 pence per share, an increase of 1.7% on the previous year and the final dividend will be paid on 9 August 2019 to Shareholders on the register at 5 July 2019.

We pay dividends twice a year and have a policy of maintaining dividend cover of between 2.5 and 3 times.

Babcock operates a Dividend Re-Investment Plan (DRIP), details of which are available from our website here.

Dividend History

Past dividend payments per 60p share, adjusted where applicable for the Rights Issue in May 2014, are listed below.

YearDateInterimDateFinalTotalChange (%)
2018/1916 Jan 197.10p
2017/1816 Jan 186.85p10 Aug22.65p29.5p4.8
2016/1713 Jan 176.50p11 Aug 1721.65p28.15p9.1
2015/1614 Jan 166.05p12 Aug 1619.75p25.809.0
2014/1514 Jan 155.50p12 Aug 1518.10p23.6010.4
2013/1410 Jan 145.00p12 Aug 1416.40p21.40p12.6
2012/1311 Jan 134.60p8 Aug 1314.40p19.00p15.9
2011/1213 Jan 124.10p7 Aug 1212.30p16.40p17.1
2010/1114 Jan 113.80p9 Aug 1110.30p14.00p10.2