Upcoming Dividend • Apr 30
Upcoming dividend of UK£0.48 per share Eligible shareholders must have bought the stock before 07 May 2026. Payment date: 18 June 2026. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.2%). Duyuru • Apr 23
Relx plc Reaffirms Earnings Guidance for the Year 2026 RELX PLC reaffirmed earnings guidance for the year 2026. For the year, the company continue to see positive momentum across the group, and expect another year of strong underlying growth in revenue. Recent Insider Transactions • Feb 17
CEO & Executive Director recently sold €2.9m worth of stock On the 13th of February, Erik Engstrom sold around 112k shares on-market at roughly €25.92 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Erik has been a net seller over the last 12 months, reducing personal holdings by €16m. Declared Dividend • Feb 15
Final dividend of UK£0.48 announced Shareholders will receive a dividend of UK£0.48. Ex-date: 7th May 2026 Payment date: 18th June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 13
Full year 2025 earnings released: EPS: UK£1.13 (vs UK£1.04 in FY 2024) Full year 2025 results: EPS: UK£1.13 (up from UK£1.04 in FY 2024). Revenue: UK£9.59b (up 1.7% from FY 2024). Net income: UK£2.07b (up 6.8% from FY 2024). Profit margin: 22% (up from 21% in FY 2024). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Duyuru • Feb 13
RELX PLC, Annual General Meeting, Apr 23, 2026 RELX PLC, Annual General Meeting, Apr 23, 2026. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €25.82, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Professional Services industry in Europe. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €51.42 per share. Duyuru • Dec 08
RELX PLC to Report Fiscal Year 2025 Results on Feb 12, 2026 RELX PLC announced that they will report fiscal year 2025 results on Feb 12, 2026 Duyuru • Oct 23
RELX PLC Reaffirms Earnings Guidance for the Full Year 2025 RELX PLC reaffirmed earnings guidance for the full year 2025. For the year, the company expects continued strong underlying revenue growth with underlying adjusted operating profit growth slightly exceeding underlying revenue growth. Declared Dividend • Jul 27
First half dividend of UK£0.20 announced Shareholders will receive a dividend of UK£0.20. Ex-date: 7th August 2025 Payment date: 11th September 2025 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 25
First half 2025 earnings released: EPS: UK£0.53 (vs UK£0.53 in 1H 2024) First half 2025 results: EPS: UK£0.53. Revenue: UK£4.74b (up 2.2% from 1H 2024). Net income: UK£976.0m (flat on 1H 2024). Profit margin: 21% (in line with 1H 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Duyuru • Jun 04
Relx plc Declares Final Dividend for the Year Ended 31 December 2024, Payable on 19 June 2025 RELX PLC announced the Euro equivalent amount in respect of the final dividend of 44.8 pence per share for the year ended 31 December 2024, which was announced on 13 February 2025 and approved by shareholders at the Company's Annual General Meeting on 24 April 2025. Shareholders who hold their shares through Euroclear Nederland will receive a dividend in Euro of 0.531 per share, unless they have elected to receive their dividend in Pounds Sterling. Shareholders who validly submitted a dividend currency election by 27 May 2025 to receive their dividend in Pounds Sterling will receive a dividend of 44.8 pence per share. Shareholders who appear on the Register of Members or hold their shares through CREST will receive a dividend in Pounds Sterling of 44.8 pence per share, unless they have elected to receive their dividend in Euro. Shareholders who validly submitted a dividend currency election by 27 May 2025 to receive their dividend in Euro will receive a dividend of 0.531 per share. The dividend is payable on 19 June 2025. Upcoming Dividend • May 01
Upcoming dividend of UK£0.45 per share Eligible shareholders must have bought the stock before 08 May 2025. Payment date: 19 June 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (2.4%). Buy Or Sell Opportunity • Mar 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 4.9% to €45.98. The fair value is estimated to be €38.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Recent Insider Transactions • Feb 21
CEO & Executive Director recently sold €14m worth of stock On the 18th of February, Erik Engstrom sold around 277k shares on-market at roughly €48.94 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Erik has been a net seller over the last 12 months, reducing personal holdings by €15m. Declared Dividend • Feb 15
Final dividend of UK£0.45 announced Shareholders will receive a dividend of UK£0.45. Ex-date: 8th May 2025 Payment date: 19th June 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 9.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 14
Full year 2024 earnings released: EPS: UK£1.04 (vs UK£0.94 in FY 2023) Full year 2024 results: EPS: UK£1.04 (up from UK£0.94 in FY 2023). Revenue: UK£9.43b (up 3.0% from FY 2023). Net income: UK£1.93b (up 8.6% from FY 2023). Profit margin: 21% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 14
RELX PLC, Annual General Meeting, Apr 24, 2025 RELX PLC, Annual General Meeting, Apr 24, 2025. Duyuru • Feb 13
RELX PLC Announces Retirement of Robert Macleod to Its Board RELX PLC announced AGM to be held on 24 April 2025 and the retirement of Robert MacLeod from the Board. Having served as a Non-Executive Director since 2016, and currently holding the role of Chair of the Remuneration Committee, Robert MacLeod will retire from the Board following the conclusion of the Company's AGM. Duyuru • Oct 26
RELX PLC Reaffirms Outlook for the Full Year 2024 RELX PLC reaffirmed outlook for the full year 2024. For the full year the company reaffirms another year of strong underlying growth in revenue. New Risk • Oct 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (210% net debt to equity). Shareholders have been diluted in the past year (14% increase in shares outstanding). Buy Or Sell Opportunity • Jul 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €43.56. The fair value is estimated to be €36.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period. Declared Dividend • Jul 28
First half dividend of UK£0.18 announced Shareholders will receive a dividend of UK£0.18. Ex-date: 1st August 2024 Payment date: 5th September 2024 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 26
First half 2024 earnings released: EPS: UK£0.52 (vs UK£0.47 in 1H 2023) First half 2024 results: EPS: UK£0.52 (up from UK£0.47 in 1H 2023). Revenue: UK£4.64b (up 3.2% from 1H 2023). Net income: UK£985.0m (up 13% from 1H 2023). Profit margin: 21% (up from 19% in 1H 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 26
RELX PLC Declares Interim Dividend, payable on 5 September 2024 On 24 July 2024 an interim dividend of 18.2 pence (2023: 17.0 pence) per ordinary RELX PLC share was declared by the directors. The expected total cost of funding this dividend is £339 million, for which no liability has been recognised at the statement of financial position date. The interim dividend will be paid on 5 September 2024, with an ex-dividend date of 1 August 2024 and a record date of 2 August 2024. The euro equivalent of the interim dividend will be announced on 22 August 2024. Duyuru • Apr 26
RELX PLC Elects Bianca Tetteroo as A Director RELX PLC at the AGM held on April 25, 2024, Elect Bianca Tetteroo as a Director. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Alistair Cox was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 23
CEO & Executive Director recently sold €13m worth of stock On the 16th of February, Erik Engstrom sold around 337k shares on-market at roughly €39.39 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Erik's only on-market trade for the last 12 months. Declared Dividend • Feb 17
Final dividend of UK£0.42 announced Shareholders will receive a dividend of UK£0.42. Ex-date: 2nd May 2024 Payment date: 13th June 2024 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: UK£0.94 (vs UK£0.85 in FY 2022) Full year 2023 results: EPS: UK£0.94 (up from UK£0.85 in FY 2022). Revenue: UK£9.16b (up 7.1% from FY 2022). Net income: UK£1.78b (up 9.0% from FY 2022). Profit margin: 19% (in line with FY 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Dec 08
RELX PLC to Report Fiscal Year 2023 Results on Feb 15, 2024 RELX PLC announced that they will report fiscal year 2023 results on Feb 15, 2024 Duyuru • Oct 19
Relx plc Reaffirms Revenue Guidance for 2023 RELX PLC reaffirmed revenue guidance for 2023. For the year the company continue to expect underlying revenue growth to remain above historical trends.