The Springfield Properties Plc Board have announced an increased dividend for the year of 3.0p per ordinary share (2025: 2.0p), subject to shareholder approval at the next annual general meeting, with an ex-dividend date of 12 November 2026, a record date of 13 November 2026 and a payment date of 17 December 2026.
Other Financial Highlights:
The Group delivered a strong performance in 2026, notwithstanding the exceptional comparative period in 2025 that benefited from significant land sales undertaken as part of the Group's debt reduction strategy:
Significant year-on-year growth in adj. profit before tax when excluding the contribution from land sales in both years
Eliminated net bank debt
Made the final deferred consideration payments, post year end, of £20.7m for the acquisition of the Scottish housebuilding business of Mactaggart & Mickel Group Limited
As announced on 10 September 2026, the Company intends to commence a share buyback programme as an effective means to create value for shareholders
