Spirax Group plc
SPXSFIndustrials · Stock · semiannual payer
Forward Yield
2.55%
Annual Dividend
$2.27
Payout Ratio
75%
5-Yr Growth
17.4%
Ex-Date
Apr 23, 2026
Frequency
Semiannual
Summary
As of July 2026, Spirax Group plc (SPXSF) yields 2.55% ($2.27 per share annually), with a blended fair-value estimate of $56.09 — -37% downside, so it screens as overvalued. Dividend safety grade: D (46/100). 8 years of dividend growth.
Is SPXSF a good dividend stock?
MixedSpirax Group plc (SPXSF) pays a semiannual dividend yielding 2.55% ($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
- 2.55%
- 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
- 1.15
- Market Cap
- $6.8B
- P/E Ratio
- 31.6
- 5-Yr Total Return
- -51%
- 52-Week Range
- $81.50 – $108.00
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
SPXSF Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
-31%
5 Years
-51%
52-Week Range
$81.50 – $108.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SPXSF worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Spirax Group plc is $56.09 per share, versus a market price of $89.08. That implies 37% of downside.
Fair Value
$56.09
Current Price
$89.08
Downside
-37%
Margin of Safety
-59%
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 40.0% annual free-cash-flow growth. We model 11.7% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.0% discount rate (CAPM), 11.7% stage-1 growth, 2.5% terminal growth, $2.92 EPS, $2.27 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SPXSF 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 23, 2026 | — | $1.6350 | regular |
| Apr 24, 2025 | — | $1.5580 | regular |
| Oct 17, 2024 | — | $0.6170 | regular |
| Apr 25, 2024 | — | $1.4210 | regular |
| Oct 12, 2023 | — | $0.5660 | regular |
| Apr 20, 2023 | — | $1.3620 | regular |
| Oct 13, 2022 | — | $0.4720 | regular |
| Apr 21, 2022 | — | $1.2740 | regular |
| Oct 14, 2021 | — | $0.5260 | regular |
| Apr 22, 2021 | — | $1.1770 | regular |
| Oct 8, 2020 | — | $0.4330 | regular |
| Apr 23, 2020 | — | $0.9620 | regular |
| Oct 10, 2019 | — | $0.3910 | regular |
| Apr 25, 2019 | — | $0.9160 | regular |
Income Calculator
At $2.27 / yr per share
