Secure Computacenter's Dividend Growth with Ex-Date Opportunity on June 5, 2025

Investors seeking a reliable dividend play with a proven track record should take note: Computacenter plc (LSE: CTC) is set to distribute its final dividend for 2024, with an ex-dividend date of June 5, 2025. This marks a critical moment to secure a 3.1% dividend increase to 47.4p per share, backed by five consecutive years of growth and a robust financial foundation.

A Dividend Machine with Unwavering Discipline

Computacenter has delivered 5 years of uninterrupted dividend growth, a rare feat in today's volatile markets. The proposed final dividend of 47.4p for 2024, when combined with the interim payout, brings the full-year dividend to 70.7p per share—a 1.0% rise from 2023's 70.0p. This consistency is underpinned by a dividend cover ratio of 2.5x, ensuring earnings comfortably exceed dividend payouts.

The chart will show a steady upward trajectory, with 2024's 70.7p marking a new peak.

Financial Resilience in a Challenging Sector

Despite a 8.5% dip in adjusted diluted earnings per share (EPS) to 159.9p in 2024—due to macroeconomic headwinds and strategic investments—Computacenter maintains its capital allocation discipline. The company's £200 million share buyback program, completed in 2024, reduced outstanding shares by 6.9%, boosting per-share value and signaling confidence in its future.

The balance sheet remains a fortress: adjusted net funds rose to £482.2 million in 2024, up 5% year-on-year. With a target dividend cover ratio of 2-2.5x adjusted diluted EPS for 2025, the company has ample room to sustain payouts even amid modest earnings fluctuations.

The graph will illustrate the consistent cover ratio above 2x, reinforcing dividend safety.

Why Act Now?

The ex-dividend date of June 5, 2025, is a clear deadline to lock in this dividend. Investors purchasing shares before this date will qualify for the payout, which reflects Computacenter's £1 billion in cumulative shareholder returns since 2013—a testament to its long-term value creation.

Sector Resilience Meets Strategic Agility

Operating in the IT solutions sector, Computacenter benefits from recurring revenue streams tied to digital transformation needs. Even as global IT spending faces headwinds, the company's focus on high-margin services and cloud migration projects positions it to outperform peers. Management's commitment to £35 million in annual capex and £50-55 million in central costs for 2025 ensures it stays ahead of technological shifts while preserving cash flow.

Final Call to Action

With a dividend yield of 2.8% (based on current share price) and a proven ability to navigate economic cycles, Computacenter offers rare stability in today's markets. Investors who act swiftly to buy shares before June 5, 2025, will secure not only this dividend increase but also a stake in a business poised to capitalize on tech sector growth.

The ex-date clock is ticking—don't miss your chance to join Computacenter's dividend legacy.

Disclaimer: Past performance is not indicative of future results. Investors should conduct their own research or consult a financial advisor before making decisions.