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Power Probe PLC (PWR): Progressive dividend, first payment 2026

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PWR Power Probe PLC

£48m · 56.0p
102.0p 44.0p Now 56.0p · 23 Oct −15% −18% −3% −4% Jan ’26FebMarAprMayJunJulAugSepOct
27 Apr 2026 · Initial dividend of 2.16 cents proposed · −18% until the next step This initial dividend will carry an ex dividend date of 7 May, with payment no later than 29 May
14 Sep 2026 · Interim dividend of 2.16 cents declared · −3% until the next step This interim dividend will carry an ex dividend date of 24 September 2026, with payment no later than 16 October 2026.
Capital return
Progressive dividend, first payment 2026
Buyback of up to $1.0m added to dividend
DEC31 Next: Board reviews the buyback programme at its end in 68 days
Every step · 4
  1. 11 Dec 2025 Policy stated at admission; ~50% payout target – The Company will target a dividend payout ratio of profit after tax in the region of 50% with the first dividend payments expected to be made in 2026. ↗
  2. 27 Apr 2026 Initial dividend of 2.16 cents proposed – This initial dividend will carry an ex dividend date of 7 May, with payment no later than 29 May ↗
  3. 14 Sep 2026 Interim dividend of 2.16 cents declared – This interim dividend will carry an ex dividend date of 24 September 2026, with payment no later than 16 October 2026. ↗
  4. 8 Oct 2026 Buyback of up to $1.0m added to dividend – The Buyback Programme will have a budget of up to $1.0 million (the “Maximum Amount”) to be used to buy back Power Probe’s ordinary shares of 0.1 pence each... ↗

What is happening

Power Probe PLC: Progressive dividend, first payment 2026 – Buyback of up to $1.0m added to dividend. ['Buyback of up to $1.0m added to dividend']

Announced
11 Dec 2025 · Policy stated at admission; ~50% payout target
Latest
8 Oct 2026 · Buyback of up to $1.0m added to dividend
What it changes
Adds a small $1.0m buyback to the dividend as a second capital return, signalling board confidence in cash generation while the H2-weighted launch delivery is still pending; no change to the trading outlook.

What comes next

Board reviews the buyback programme at its end (31 Dec 2026).

Briefing

Power Probe PLC in 4 minutes

Power Probe, founded in California in 1992, makes electrical diagnostic tools for professional car-repair technicians. It listed on London's AIM in December 2025 and in the first half of 2026 sold less ($17.7m...

  1. Act 1Growth, then a stock-market listing
  2. Act 2The AIM float and its promises
  3. Act 3A smaller first half, a richer mix
Read the briefing →
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Also at Power Probe PLC 2 open
Insider conviction1 director buying – £160k in 2 buys Project milestonesNew US manufacturing facility opening – New US entity set up; design and works progressing Insider conviction1 director buying – £37k in 1 buy · closed Power Probe PLC – company page →

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