Rentokil Initial plc
RTOIndustrials · Stock · quarterly payer
Forward Yield
2.97%
Annual Dividend
$0.64
Payout Ratio
98%
5-Yr Growth
—
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of September 2026, Rentokil Initial plc (RTO) yields 2.97% ($0.64 per share annually), with a blended fair-value estimate of $23.53 — +10% upside, so it screens as fairly valued. Dividend safety grade: D (45/100). 3 years of dividend growth.
Is RTO a good dividend stock?
MixedRentokil Initial plc (RTO) pays a quarterly dividend yielding 2.97% ($0.64/yr), with 3 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2008
- Elevated payout ratio (98%)
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 2.97%
- Payout Ratio
- 98%
- Annual Dividend
- $0.64
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.41
- Market Cap
- $10.4B
- P/E Ratio
- 32.9
- 5-Yr Total Return
- -48%
- 52-Week Range
- $21.31 – $34.67
- Dividend Safety
- D · 45/100
- Ever Cut?
- Yes (2008)
Frequently Asked Questions
RTO Price — Last 12 Months
Daily close
Price Return
1 Year
-23%
3 Years
-17%
5 Years
-48%
52-Week Range
$21.31 – $34.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RTO worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Rentokil Initial plc is $23.53 per share, versus a market price of $21.35. That implies the stock is roughly fairly priced.
Fair Value
$23.53
Current Price
$21.35
Gap
+10%
Margin of Safety
9%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 3.7% annual free-cash-flow growth. We model 9.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 9.7% stage-1 growth, 2.5% terminal growth, $0.63 EPS, $0.64 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RTO Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full RTO dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.2240 | regular |
| Apr 10, 2026 | — | $0.4120 | regular |
| Aug 15, 2025 | — | $0.2740 | regular |
| Apr 4, 2025 | — | $0.3820 | regular |
| Aug 9, 2024 | — | $0.2030 | regular |
| Apr 4, 2024 | — | $0.3780 | regular |
| Aug 3, 2023 | — | $0.1770 | regular |
| Apr 10, 2023 | — | $0.3170 | regular |
| Aug 5, 2022 | — | $0.1460 | regular |
| Apr 7, 2022 | — | $0.2840 | regular |
| Aug 12, 2021 | — | $0.1450 | regular |
| Apr 8, 2021 | — | $0.3760 | regular |
| Aug 9, 2019 | — | $0.0920 | regular |
| Apr 11, 2019 | — | $0.2060 | regular |
Income Calculator
At $0.64 / yr per share
Similar Dividend Stocks
Compare RTO
Explore more
Lists and tools related to RTO
- Industrials dividend stocks →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →