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Costain issues new shares under renewed scrip dividend scheme

Story Highlights
  • Costain shareholders renewed the scrip dividend scheme and elected to receive 41,140 new ordinary shares instead of cash for the 2025 final dividend.
  • Costain applied to list the new shares on the London Stock Exchange, with trading expected from 26 May 2026 and full parity with existing stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Costain issues new shares under renewed scrip dividend scheme

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Costain ( (GB:COST) ) has shared an update.

Costain Group PLC has confirmed that shareholders have renewed the company’s scrip dividend scheme and elected to receive 41,140 new ordinary shares of 1p each instead of cash for the final dividend for the year to 31 December 2025, payable on 26 May 2026. The move offers investors an option to reinvest their dividend directly into equity, modestly increasing the company’s share capital while preserving some cash.

The company has applied for the admission of the 41,140 new shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange’s main market, with dealings expected to start on 26 May 2026 and the new shares ranking pari passu with existing stock. Documentation for the scrip dividend scheme, including mandate forms and detailed terms, has been made available on Costain’s website and via the UK’s National Storage Mechanism, providing shareholders with transparency on the programme.

The most recent analyst rating on (GB:COST) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Costain stock, see the GB:COST Stock Forecast page.

Spark’s Take on COST Stock

According to Spark, TipRanks’ AI Analyst, COST is a Outperform.

The score is driven primarily by improved financial stability and earnings quality (higher margins, low leverage, solid cash conversion), supported by strong technical uptrend signals. Valuation is reasonable but not deeply compelling, and the key risk tempering the score is the multi-year revenue contraction, which could limit future growth if it persists.

To see Spark’s full report on COST stock, click here.

More about Costain

Costain Group PLC is a UK-based engineering and construction company focused on infrastructure, particularly in transportation, energy, water and defence projects. The group provides design, delivery and consultancy services to public and private sector clients, supporting major national programmes and long-term investment in critical assets.

Average Trading Volume: 1,628,436

Technical Sentiment Signal: Buy

Current Market Cap: £539.3M

For detailed information about COST stock, go to TipRanks’ Stock Analysis page.

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