Plus500 Announces $182.5 Million Shareholder Payout, Surpassing Its First‑Half Earnings

Plus500 announced a combined $182.5 million in dividends and share buybacks today, exceeding the $151.9 million it earned in the first half of the year. Interim results from the London listed broker showed net profit rising 2% year over year, underscoring steady performance despite rising costs.

The payout consists of $100 million allocated to buyback programmes and $82.5 million in dividends, equal to $1.2001 per share. Shares will trade ex‑dividend on 20 August, with payment scheduled for 11 November. With this latest announcement, Plus500’s total shareholder returns for 2026 reach $370 million, following the $187.5 million declared alongside the 2025 results. The company ended June holding $861.3 million in cash and remains debt‑free.

Only $70.6 million of the new distribution reflects Plus500’s minimum payout policy, which is based on half of net profit calculated at a 23% tax rate. The remaining $111.9 million represents special dividends and buybacks funded from the company’s substantial cash reserves. Meanwhile, operating expenses climbed 20% to $278.5 million, outpacing the 12% rise in revenue to $462.9 million. As a result, EBITDA edged up just 1% to $187.5 million, and the margin narrowed to 41% from 45%. All figures are unaudited.

Plus500 attributed the cost pressure to increased investment in customer acquisition, higher expenses tied to US‑related revenue, and the impact of a stronger Israeli shekel. Marketing technology spending rose to $80.9 million, including roughly $16 million of additional customer‑acquisition activity. Commissions and fees linked to US trading volumes jumped 34% to $44.6 million, while employee costs increased 27% to $94.4 million, reflecting the shekel’s roughly 20% appreciation against the dollar. Share‑based compensation grew to $42.9 million, up from $31.3 million, and interest income fell to $21.1 million as rates declined.

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