3i Group plc

LSE:III Stock Report

Market Cap: UK£29.0b

3i Group Dividends and Buybacks

Dividend criteria checks 5/6

3i Group is a dividend paying company with a current yield of 2.92% that is well covered by earnings.

Key information

2.9%

Dividend yield

0.05%

Buyback Yield

Total Shareholder Yield3.0%
Future Dividend Yield3.9%
Dividend Growth17.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio16%

Recent dividend and buyback updates

Recent updates

Narrative Update Jul 23

III: Buybacks And Growing Dividend Framework Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for 3i Group to £42.05 from £43.00, reflecting a lower Street price target of £3,527 from £4,300 and updated assumptions on discount rate, revenue growth, profit margin and future P/E. What’s in the News for 3i Group 3i Group completed a share repurchase tranche between 14 May 2026 and 21 July 2026, buying back 14,700,000 shares, or 1.44% of its share count, for £344 million.
Narrative Update Jun 26

III: Share Buyback And Dividend Framework Will Support Future Upside Potential

The latest Narrative Update on 3i Group reflects a lower analyst price target, with one key firm cutting its view from £43.00 to £35.27 per share. Analysts are factoring in a revised fair value of £43.00, an 8.16% discount rate, updated revenue growth of 21.54%, a profit margin of 70.31% and a future P/E of 8.63.
Analysis Article May 19

Growth Investors: Industry Analysts Just Upgraded Their 3i Group plc (LON:III) Revenue Forecasts By 13%

Shareholders in 3i Group plc ( LON:III ) may be thrilled to learn that the analysts have just delivered a major upgrade...
Analysis Article May 16

3i Group plc Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

The analysts might have been a bit too bullish on 3i Group plc ( LON:III ), given that the company fell short of...
Narrative Update Apr 08

III: Updated Margin Outlook Will Support Durable Returns And Dividend Visibility

Narrative Update on 3i Group The analyst price target for 3i Group has been trimmed by £2.87 to reflect a lower fair value estimate of £38.44. Analysts are factoring in a slightly reduced profit margin outlook, an updated future P/E of 8.27, and mixed recent target changes from Citi, Barclays, Deutsche Bank, and RBC Capital.
Narrative Update Mar 25

III: Updated Portfolio Assumptions Will Support Durable Returns And Dividend Visibility

The analyst price target for 3i Group has been adjusted slightly lower, reflecting a fair value move from £42.01 to £41.30, as analysts factor in updated assumptions on revenue growth, profit margins and future P/E while balancing recent mixed price target changes in sector peers. Analyst Commentary Recent Street research on 3i Group reflects a mix of optimism on the equity story and caution on near term valuation, with price targets adjusted both higher and lower around the current fair value range.
Narrative Update Mar 08

III: Lower Risk Assumptions Will Support Durable Returns And Dividend Visibility

Analysts have made a small upward adjustment to their fair value estimate for 3i Group to £42.01 per share. This change is supported by fresh research that reflects a slightly lower discount rate and modestly tweaked P/E and margin assumptions following recent price target changes from major banks.
Narrative Update Feb 21

III: Stable Forecasts Suggest Durable Returns And Ongoing Dividend Visibility

Analysts have slightly adjusted their price targets on 3i Group, with recent research showing moves of £1.00 higher and £0.95 lower. These changes leave our fair value estimate essentially unchanged at £42.01, supported by broadly stable assumptions for discount rate, revenue growth, profit margin and future P/E.
Narrative Update Feb 06

III: Slower Momentum Will Still Deliver Durable Returns And Dividend Visibility

Analysts have trimmed their fair value estimate for 3i Group to £42.01 from £42.22, reflecting slightly lower revenue growth and profit margin assumptions, partly offset by updated discount rate and future P/E inputs, along with a mix of recent target changes and rating moves across the Street. Analyst Commentary The recent research updates show a split in opinion on 3i Group, with some analysts adjusting price targets upward and others cutting targets and ratings.
Analysis Article Jan 28

With EPS Growth And More, 3i Group (LON:III) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update Jan 22

III: Slower Momentum Will Still Deliver Compounding Returns And Dividend Visibility

Narrative update We trim our 3i Group fair value estimate to £42.22 from £43.94, reflecting analysts' lower price targets, a slightly softer profit margin outlook at 74.90%, and a modestly reduced future P/E assumption of 8.50x. Analyst Commentary Recent Street research on 3i Group has become more mixed, with some bullish analysts adjusting price targets while more cautious voices question how much upside remains at current levels.
Narrative Update Jan 07

III: Slower Momentum Will Still Deliver Compounding Returns And Dividend Support

Analysts have trimmed their 3i Group price target to £31.50 from £41.00, reflecting updated assumptions for the discount rate and earnings multiples as they factor in what they describe as slower momentum for the company. Analyst Commentary Recent research on 3i Group is skewed toward caution, with bearish analysts pointing to slower momentum and a valuation reset as key reasons for trimming expectations.
Narrative Update Dec 19

III: Discount Retail Exposure Will Deliver Compounding Returns Despite Slower Momentum

Analysts have trimmed their price target on 3i Group from approximately £44.44 to about £43.94, citing slower momentum. Despite stronger projected revenue growth and a modestly higher future P/E, they argue this justifies a lower valuation and reduced fair value.
Narrative Update Dec 05

III: European Discount Retail Exposure Will Drive Compounding Returns Amid Mixed Momentum

Analysts have trimmed their price target on 3i Group, reflecting a reduced fair value estimate of approximately £44.44 from about £46.07. This change factors in slightly higher discount rates, softer revenue growth assumptions, and moderating profit margins, despite continued conviction in the long term compounding potential of its core assets.
Analysis Article Nov 24

Benign Growth For 3i Group plc (LON:III) Underpins Stock's 26% Plummet

3i Group plc ( LON:III ) shares have had a horrible month, losing 26% after a relatively good period beforehand...
Narrative Update Nov 15

III: Strong European Retail Exposure Will Drive Compounding Returns Through 2028

Analysts have lowered their fair value estimate for 3i Group from £46.65 to £46.07, citing slower momentum and reduced growth expectations as key factors driving the change. Analyst Commentary Recent Street Research has revealed a mix of optimistic and cautious outlooks regarding 3i Group's future performance.
Narrative Update Oct 31

III: Resilient Retail Exposure And Compounding Set To Sustain Long-Term Momentum

Analysts have raised their price target for 3i Group slightly from £46.48 to £46.65, citing the company's robust growth trajectory and the strength of its leading retail investment. Analyst Commentary Bullish Takeaways Bullish analysts highlight the company's prominent stake in a leading European discount variety retailer, viewing it as a key driver for long-term growth.
Analysis Article Oct 30

Does 3i Group (LON:III) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update Oct 17

Expansion In Private Equity And Resilient Sectors Will Boost Future Performance

Analysts have modestly increased their price target for 3i Group to £49.98 from £49.40, citing confidence in the company's robust growth outlook and the compounding value potential of its key assets. Analyst Commentary Analyst reports on 3i Group have highlighted both positive and cautious perspectives surrounding the company's valuation, growth potential, and execution strategy.
Narrative Update Oct 03

Expansion In Private Equity And Resilient Sectors Will Boost Future Performance

Analysts have raised their price target for 3i Group from £45.18 to £46.48, citing strong growth prospects for the company’s portfolio as well as robust net asset value compounding potential. Analyst Commentary Bullish analysts have highlighted several positive factors underpinning 3i Group's outlook, citing both the strength and potential of its core assets as well as the robust trajectory of its net asset value growth.
Analysis Article Aug 11

3i Group plc's (LON:III) Subdued P/E Might Signal An Opportunity

With a price-to-earnings (or "P/E") ratio of 7.8x 3i Group plc ( LON:III ) may be sending very bullish signals at the...
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New Narrative Feb 23

Expansion In Private Equity And Resilient Sectors Will Boost Future Performance

Focusing on expanding Private Equity and strategic disposals positions 3i Group for sustainable growth, enhancing future revenue and return on investments.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: III's dividends per share have been stable in the past 10 years.

Growing Dividend: III's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

3i Group Dividend Yield vs Market
How does III dividend yield compare to the market?
SegmentDividend Yield
Company (III)2.9%
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)5.3%
Industry Average (Capital Markets)3.1%
Analyst forecast (III) (up to 3 years)3.9%

Notable Dividend: III's dividend (2.92%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).

High Dividend: III's dividend (2.92%) is low compared to the top 25% of dividend payers in the UK market (5.34%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.7%), III's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (84.9%), III's dividend payments are covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/29 23:06
End of Day Share Price 2026/07/29 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

3i Group plc is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael SandersonBarclays
Daniel GarrodBarclays
William WoodsBernstein