A key element of our strategy is the ongoing management of the Group’s capital structure, operating structure and level of land investment to maximise performance across the housing market cycle.
We are committed to our strategy of actively managing the housing market cycle, in particular with respect to the Group’s capital structure.
This approach to managing capital during the housing market cycle is intended to balance the capital requirements of the business and returning excess capital to shareholders, whilst at all times maintaining balance sheet strength and flexibility.
Our Dividend Policy, as an output of our strategy, is inherently linked to the cyclical market in which we operate. We continue to believe that our Dividend Policy should comprise a dividend to be paid throughout all stages of the housing cycle and additional significant surplus cash returns to be made at appropriate times in the cycle.
Our Ordinary Dividend Policy is to return c.7.5% of net assets to shareholders annually, which will be at least £250 million per annum, in two equal instalments.
The most recent dividend declared and paid was the 2024 Interim Dividend of 4.80 pence per share. It was paid on 15 November 2024 to shareholders on the register at close of business on 11 October 2024.
The Dividend Re-Investment Plan (DRIP) is/was available on all of the dividends listed below, save for the special dividend paid on 3 July 2014, as noted below. More information about the DRIP can be found below.
|
Shares trade ex-dividend |
Dividend type |
Dividend per share (pence) |
Payment date |
Record date |
| 10 October 2024 | Interim | 4.80 | 15 November 2024 | 11 October 2024 |
| 28 March 2024 | Final | 4.79 | 10 May 2024 | 2 April 2024 |
| 12 October 2023 | Interim | 4.79 | 17 November 2023 | 13 October 2023 |
| 30 March 2023 | Final | 4.78 | 12 May 2023 | 31 March 2023 |
| 13 October 2022 | Interim | 4.62 | 18 November 2022 | 14 October 2022 |
| 31 March 2022 | Final | 4.44 | 13 May 2022 | 1 April 2022 |
| 7 October 2021 | Interim | 4.14 | 12 November 2021 | 8 October 2021 |
| 1 April 2021 | Final | 4.14 | 14 May 2021 | 6 April 2021 |
|
3 October 2019 |
Interim |
3.84 |
8 November 2019 |
4 October 2019 |
|
6 June 2019 |
Special |
10.70 |
12 July 2019 |
7 June 2019 |
|
4 April 2019 |
Final |
3.80 |
17 May 2019 |
5 April 2019 |
|
4 October 2018 |
Interim |
2.44 |
9 November 2018 |
5 October 2018 |
|
31 May 2018 |
Special |
10.40 |
13 July 2018 |
1 June 2018 |
|
5 April 2018 |
Final |
2.44 |
18 May 2018 |
6 April 2018 |
|
21 September 2017 |
Interim |
2.30 |
3 November 2017 |
22 September 2017 |
|
1 June 2017 |
Special |
9.20 |
14 July 2017 |
2 June 2017 |
|
13 April 2017 |
Final |
2.29 |
19 May 2017 |
18 April 2017 |
|
25 August 2016 |
Interim |
0.53 |
7 October 2016 |
26 August 2016 |
|
2 June 2016 |
Special |
9.20 |
15 July 2016 |
3 June 2016 |
|
7 April 2016 |
Final |
1.18 |
20 May 2016 |
8 April 2016 |
|
20 August 2015 |
Interim |
0.49 |
2 October 2015 |
21 August 2015 |
|
21 May 2015 |
Special |
7.68 |
3 July 2015 |
22 May 2015 |
|
9 April 2015 |
Final |
1.32 |
20 May 2015 |
10 April 2015 |
|
20 August 2014 |
Interim |
0.24 |
25 September 2014 |
22 August 2014 |
|
4 June 2014 |
Special |
1.54 |
3 July 2014* |
6 June 2014 |
|
9 April 2014 |
Final |
0.47 |
21 May 2014 |
11 April 2014 |
|
21 August 2013 |
Interim |
0.22 |
25 September 2013 |
23 August 2013 |
|
17 April 2013 |
Final |
0.43 |
21 May 2013 |
19 April 2013 |
*DRIP not available
Taylor Wimpey announced a share buyback programme on 3 March 2022 which was completed on 24 June 2022.
Further regulatory information is available here.
By having your dividends paid direct to your bank or building society account, you will avoid the risk of having your cheque lost in the post or having to present it to the bank.
You will receive your dividend in your account on the dividend payment day and dividend confirmation will be posted to your home address.
To set up a dividend mandate instruction, complete and return the form attached to your dividend cheque, contact Link Group (our Registrar) for additional forms, or register your mandate at www.signalshares.com
Link Group
Central Square
29 Wellington Street
Leeds
LS1 4DL
E-mail: [email protected]
UK enquiries: 0371 664 0300
Overseas enquiries: +44 371 664 0300
Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Lines are open between 9:00am and 5:30pm, Monday to Friday, excluding public holidays in England and Wales.
Taylor Wimpey operates a Dividend Re-Investment Plan (DRIP) whereby shareholders resident in the United Kingdom can choose to invest their cash dividend to buy further shares on the market. The DRIP is administered by Link Market Services Trustees Limited.
Details about the DRIP, including the terms and conditions and how to join or exit the DRIP are available at www.signalshares.com or by calling Link on +44 (0)371 664 0300. Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Lines are open between 9:00am and 5:30pm, Monday to Friday, excluding public holidays in England and Wales.
