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Mears Group Lifts Full-Year Dividend by 9% for FY25

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Mears Group Lifts Full-Year Dividend by 9% for FY25

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Mears Group Plc ( (GB:MER) ) has shared an update.

Mears Group PLC, a leading UK housing services provider, has proposed a final dividend of 11.90p per share for FY25, bringing the total dividend for the year to 17.50p, a 9% increase on the prior year. The payout, which underscores the company’s confidence in its financial performance and cash generation, remains subject to shareholder approval at the June 2026 AGM before payment in July, signalling continued commitment to delivering sustainable returns to investors alongside its public-sector housing contracts.

The most recent analyst rating on (GB:MER) stock is a Buy with a £399.00 price target. To see the full list of analyst forecasts on Mears Group Plc stock, see the GB:MER Stock Forecast page.

Spark’s Take on MER Stock

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

Mears Group Plc shows strong financial performance with solid growth and profitability, although high leverage is a concern. The stock’s valuation is attractive with a low P/E ratio and high dividend yield. The recent acquisition is a positive strategic move, enhancing growth prospects. Technical indicators suggest stable market conditions.

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

More about Mears Group Plc

Mears Group PLC is a leading UK provider of housing services, managing and maintaining around 450,000 homes nationwide under long-term contracts with central and local government. The company employs over 5,000 people and delivers property management, maintenance and broader housing solutions, with a focus on affordable housing, vulnerable residents and long-term social, economic and environmental outcomes.

Average Trading Volume: 168,656

Technical Sentiment Signal: Hold

Current Market Cap: £292.3M

Find detailed analytics on MER stock on TipRanks’ Stock Analysis page.

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