Shareholder centre

Barratt Developments PLC changed its name with effect from 4 October 2024. Any dividends paid prior to that date, therefore relate to Barratt Developments PLC.

The Board regularly reviews the Group's capital allocation framework to ensure it supports our long-term strategy, balancing disciplined investment in the business, with maintaining balance sheet strength, financial flexibility, and taking due account of the views of our shareholders.

Since our interim results in February 2026, the share price discount to our tangible net asset value of 433.4 pence per share (at 29 December 2025) has increased from c. 9%5 to 36%5.  Given the overall strength of the business and our balance sheet, this material discount presents an opportunity to optimise shareholder returns through additional share buyback activity, which we will undertake in preference to ordinary dividends.

The Board has also concluded that 50% remains the correct proportion of adjusted net income to be returned to shareholders annually. This recurring element of shareholder return will now be distributed by way of a share buyback, save for a nominal payment of 1 pence per share, to enable certain shareholders to comply with their investment mandates.

We offer a Dividend Re-Investment Plan, so that you can have your dividend paid as additional Barratt Redrow shares. For more information and an application pack please contact Equiniti Financial Services Limited using the following details:

In writing: Equiniti Group, Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA, United Kingdom.
By telephone: 0371 384 2657 (If calling from overseas +44 371 384 2657). Lines are open 8:30am to 5:30pm (UK time), Monday to Friday (excluding public holidays in England and Wales).
By email: [email protected]
Via the website: www.shareview.co.uk

Dividend payments are outlined below: