Dividend and scrip information

Good Energy Group usually declares dividends twice a year. The interim payment is usually paid in November and the final dividend, subject to approval at the AGM, is usually paid in July.

We continue to invest for sustainable growth and our capital allocation policy will reflect this. We are maintaining our dividend while also delivering on our growth strategy.

We see returns being driven primarily from a combination of organic growth and acquisitions. M&A has been targeted primarily on accelerating our capability in decentralised energy services and we demonstrated successful execution with the acquisitions made over the past year. We remain mindful of the need to capitalise on strategic business development and investment opportunities and prudent balance sheet management remains a key priority. More details can be found in the 2023 Annual Report – strategic review.  

Cash dividend and Scrip information

Cash dividend payments

Good Energy Group pays cash dividends through our Registrar, Computershare, directly to shareholders via bank transfer into your chosen bank account or cheque. We encourage shareholders to register for the bank transfer method of payment to help improve efficiency and reduce costs for issuing cheques.

Other benefits include:

• Receiving your dividend directly into your bank account on the payment date
• Avoid your cheque going missing in the post

Update your payment method now:

• Online – through our online service managed by our registrar, Computershare at www.investorcentre.co.uk. If you have not used the investor centre before you will need to register, in order to do this you will need your Shareholder Reference Number(s), this begins with the letter ‘C’ and is followed by 10 digits. You will also need your postcode.
• Phone – if you would like to speak to Computershare directly you can contact them on 0370 707 1154.
• Post – Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol BS99 6ZZ

Scrip Dividend Scheme for holders of Ordinary Shares

At the annual general meeting of the Company held on 30 April 2014, shareholders authorised the operation of a scrip dividend scheme under which holders of Ordinary Shares may elect to receive dividends in the form of new shares instead of cash. At the AGMs of the Company held on 13 June 2019 and 20 June 2024, the authority was renewed. The authority is valid for any dividend (or part thereof) declared in respect of each financial year from and including 31 December 2024, up to and including the financial year ending 31 December 2029.

For more information about our Scrip Dividend Scheme, please read the most recent circular.