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Drax Group (DRX) Dividend Yield, Date & History

Drax Group logo
GBX 630 -3.00 (-0.47%)
(As of 12/20/2024 12:01 PM ET)

Drax Group Dividend Summary

Dividend Yield
3.81%
Annual Dividend
GBX 24
Recent
Dividend Payment
Oct. 25
Dividend Payout Ratio
1,445.78%

Drax Group (DRX) pays an annual dividend of GBX 24 per share, with a dividend yield of 3.81%. The next payment of GBX 10.40 per share was paid on Friday, October 25, to investors who owned the stock before the ex-dividend date of Thursday, September 19. The company currently pays out 1,445.78% of its earnings and 32.57% of its cash flow as dividends.

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DRX Dividend Payments by Quarter

The chart below displays up to four years of Drax Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

DRX Dividend Yield Over Time

The chart below tracks Drax Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Drax Group vs. The Competition

Compare Drax Group's annual dividend, yield, and 3-year growth rate with averages for Utilities and LON companies to evaluate its performance against the market.

TypeDrax GroupUtilities CompaniesLON Companies
Annual DividendGBX 24GBX 0.04GBX 26.09
Dividend Yield3.81%4.11%10.58%

Drax Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings1,445.78%
Based on This Year's Estimate24.62%
Based on Cashflow32.57%

Drax Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
7/26/2024GBX 10.40-GBX 3.50
25.18%
1.84%9/19/20249/19/202410/25/2024
2/29/2024GBX 13.90+GBX 4.70
51.09%
3.32%4/18/20244/18/20245/17/2024
7/27/2023GBX 9.20-GBX 3.40
26.98%
1.48%8/24/20238/24/202310/6/2023
2/23/2023GBX 12.60+GBX 4.20
50.00%
1.87%4/20/20234/20/20235/19/2023

This table shows Drax Group's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Drax Group Dividend - Frequently Asked Questions

The current dividend yield for Drax Group is 3.81%. Learn more on DRX's dividend yield history.

The annual dividend for DRX shares is GBX 24. Learn more on DRX's annual dividend history.

Drax Group's most recent dividend payment of GBX 10.40 per share was made to shareholders on Friday, October 25, 2024.

Drax Group's most recent ex-dividend date was Thursday, September 19, 2024.

The most recent change in the company's dividend was a decrease of GBX 3.50 on Friday, July 26, 2024.

The dividend payout ratio for DRX is:
  • 1,445.78% based on the trailing year of earnings
  • 24.62% based on this year's estimates
  • 32.57% based on cash flow

Drax Group's dividend yield of 3.82% is lower than the average Utilities company that issues a dividend. Drax Group's dividend payout ratio of 1,445.78% may not be sustainable.

Looking at the stock as a whole, market analysts rate Drax Group stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (LON:DRX) was last updated on 12/21/2024 by MarketBeat.com Staff
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