Games Workshop declares first 2026/27 dividend amid Warhammer growth

Games Workshop has kicked off 2026/27 with a 90p dividend per share, its first declared payout of the year. The board set payment for August 7, with shareholders on the register by July 3 and an ex-dividend date of July 2.

The company said the dividend sits in line with its policy, and the timing matters because it lands while Warhammer 40,000 is in the middle of a serious rules-and-app refresh. Warhammer Community and the official Warhammer 40,000 app were being updated for a new edition in June, and that kind of cadence only works when the business behind it is still throwing off cash. For 40k players, that usually shows up in the places they feel it first: launch boxes, app support, stock flow, and how hard Games Workshop can push a new cycle without missing a beat.

The new payout comes off the back of another huge year. In its 2024-2025 annual report, Games Workshop reported core revenue of £565.0 million, total revenue of £617.5 million, and profit before taxation of £262.8 million for the 52 weeks ended June 1, 2025. It also said dividends declared and paid in the period totaled 520p per share, up from 420p the year before, and noted that it now operates in 24 countries. That is the sort of balance sheet strength that lets a miniature company behave like a premium machine: keep the models flowing, keep the rules moving, and still return cash.

The half-year numbers pointed the same way. For the 26 weeks ended November 30, 2025, Games Workshop reported core revenue of £316.1 million and profit before tax of £140.8 million, while Kevin Rountree called it a record half-year performance. The company’s May 2026 trading statement then set expectations even higher, with at least £625 million in core revenue and no less than £265 million in profit before tax for the year ended May 31, 2026. Full-year results are due July 28, just weeks after this dividend notice and right as the new-edition machinery keeps turning.

For Warhammer readers, that is the real story here. A 90p dividend is not just a finance note, it is a sign that Games Workshop is entering the next stretch of its Warhammer 40,000 rollout from a position of strength, with the cash to keep the hobby engine humming.