SmarterDividends
SPXSF

Spirax Group plc

SPXSF

Industrials · Stock · semiannual payer

Forward Yield

2.38%

Annual Dividend

$2.27

Payout Ratio

75%

5-Yr Growth

17.4%

Ex-Date

Apr 23, 2026

Frequency

Semiannual

SPXSF Dividend Safety Score

46/ 100
Grade D

Risky

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage75% of earnings paid out
Free-cash-flow coverage87% of free cash flow
Balance-sheet strengthDebt/equity of 0.84
Yield vs its historyYield is 1.6× its 5-yr average — elevated

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

Is SPXSF a good dividend stock?

Mixed

Spirax Group plc (SPXSF) pays a semiannual dividend yielding 2.38% ($2.27/yr), with 8 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

  • Strong 17.4% 5-yr dividend growth

Risks

  • Cut its dividend in 2022
  • Share price is down over the past 5 years
  • Below-average dividend safety score

Key Data

Dividend Yield
2.38%
Payout Ratio
75%
Annual Dividend
$2.27
5-Yr Avg Growth
17.4%
Ex-Dividend Date
Apr 23, 2026
Years of Growth
8
Frequency
semiannual
Beta
1.13
Market Cap
$7.1B
P/E Ratio
32.0
5-Yr Total Return
-47%
52-Week Range
$77.23 – $108.00
Dividend Safety
D · 46/100
Ever Cut?
Yes (2022)
SPXSF ex-dividend date & scheduleNext ex-date Apr 23, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.27 / yr per share

Per payment (semiannual)$113.50
Annual$227.00
Monthly avg$18.92