DRA Global Dividend
Dividend criteria checks 3/6
DRA Global is a dividend paying company with a current yield of 5.95% that is well covered by earnings.
Key information
5.9%
Dividend yield
30%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.36 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
DRA Global (ASX:DRA) Might Have The Makings Of A Multi-Bagger
Jun 11There's Reason For Concern Over DRA Global Limited's (ASX:DRA) Massive 31% Price Jump
Mar 18Returns Are Gaining Momentum At DRA Global (ASX:DRA)
Aug 31DRA Global (ASX:DRA) Is Looking To Continue Growing Its Returns On Capital
Jan 18Investors Aren't Buying DRA Global Limited's (ASX:DRA) Earnings
May 13Shareholders In DRA Global (ASX:DRA) Should Look Beyond Earnings For The Full Story
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether DRA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DRA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
DRA Global Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (DRA) | 5.9% |
Market Bottom 25% (AU) | 2.7% |
Market Top 25% (AU) | 6.5% |
Industry Average (Construction) | 3.6% |
Analyst forecast in 3 Years (DRA) | n/a |
Notable Dividend: DRA's dividend (5.95%) is higher than the bottom 25% of dividend payers in the Australian market (2.72%).
High Dividend: DRA's dividend (5.95%) is low compared to the top 25% of dividend payers in the Australian market (6.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), DRA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.7%), DRA's dividend payments are thoroughly covered by cash flows.