Softcat proposes an interim dividend of 9.9p per share, amounting to a total dividend of £19.5m, was declared post period end and is to be paid on 20 May 2026 to those on the share register at the close of business on 10 April 2026.
An interim ordinary dividend of 9.9p per share (H1 FY2025: 8.9p), amounting to £19.5m (H1 FY2025: £17.8m), has been recommended. The interim dividend will be payable on 20 May 2026, to shareholders whose names are on the register at the close of business on 10 April 2026. Shares in the Group will be quoted ex-dividend on 9 April 2026. The last day for dividend reinvestment plan ('DRIP') elections is 28 April 2026.
The interim ordinary dividend of 9.9p, up 11.2% in line with progressive policy, alongside a £45m share buyback programme, which was completed in February.
Other financial highlights:
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Softcat entered the period with £182.3m of cash and cash equivalents before paying an aggregate final ordinary and special dividend of £73.0m in December 2025. In addition, they initiated a £45m share buyback programme in January 2026, of which £24.7m had been executed as at the end of the first half. These cash outflows were more than offset by strong cash generation during the period, including a £42.4m upfront customer payment, resulting in cash and cash equivalents at the end of the first half of £206.0m (H1 FY2025: £141.0m).
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Their capital allocation policy remains unchanged, prioritising long-term investment in organic growth to facilitate further share gains in our expanding addressable market; secondly to maintain a progressive ordinary dividend. Remaining excess capital is then either allocated to compelling strategic investments, which could include bolt-on acquisitions to expand their portfolio offering or international expansion, or is returned to shareholders.
