Investec INVP Joins FTSE 100 with 6% Yield and 147% Return

Investec's INVP dividend stock has joined the FTSE 100 with impressive credentials. The stock boasts a trailing yield of 6.07%, a five-year total return of 147%, and a price-to-earnings ratio of 7.47x.

The company, founded in South Africa in 1974 as a small finance company, has evolved into a dual-listed group trading on both the London Stock Exchange and the Johannesburg Stock Exchange.

The FY2026 final results filing reported adjusted operating profit of £951.0m, up 3.4% from £920.0m in FY2025, with operating income reaching £2,281.4m, up 4.2% from £2,190.5m the prior year.

The dividend for FY2026 totalled 38.5p per share, a 5.5% increase on the prior year, with a final dividend of 21.0p and a payout ratio of 46.4%. The R2.5bn share buyback programme provides an additional layer of capital return discipline.

However, the company's South Africa exposure complicates the picture, as the country contributes just over half of group profits, and results are reported in sterling. A weaker rand translates directly into lower reported earnings, irrespective of underlying operational performance.