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Spirax-Sarco Engineering plc
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Spirax-Sarco Engineering plc (SPX) is a dividend-paying stock with a current dividend yield of 2.37% as of Oct 1, 2026. It pays £1.70 per share over the trailing twelve months and distributes bi-annually. Its dividend has grown at a 7.58% 5-year compound annual rate.

5.29B
Market cap
26.71x
Current P/E
19.16x
Forward P/E
2.37%
Dividend yield

Dividend safety

Moderate

Dividend coverage is moderate for SPX — it pays out about 63% of earnings.

See the safety analysis

SPX chart

About

Industrials
Sector
Industrial - Machinery
Industry

Spirax-Sarco Engineering plc, founded in 1888 and headquartered in Cheltenham, UK, delivers sophisticated engineered solutions across several core technological domains. The company specializes in comprehensive industrial and commercial steam systems, offering products and solutions for condensate management, process control, and thermal energy optimization, which are crucial for diverse applications like heating, curing, cleaning, sterilization, hot water generation, space heating, and humidification. Additionally, Spirax-Sarco provides electrical process heating and temperature management solutions, encompassing industrial heaters, advanced heat tracing systems, and various component technologies tailored for industrial processes.

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