BT Group declared a final dividend of 5.87p per share, lifting the full-year dividend to 8.32p, a 2% increase from 8.16p a year earlier.
The board has adopted an updated policy to grow the dividend by low-to-mid single-digit percent per annum until metrics consistent with a BBB+ credit rating are reached, citing delivery of guidance, transformation-driven cost savings and an improving cash‑flow profile as the financial underpin (normalised free cash flow was £1.5bn in FY26 and is guided to c. £2bn in FY27 and c. £3bn by the end of the decade).
BT said it expects to continue declaring two dividends per year with the interim fixed at 30% of the prior year's full-year dividend, and it says residual cash flow will be available for enhanced distributions once the BBB+ metrics are met.
