Deterra Royalties Dividend
What is Deterra Royalties's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Deterra Royalties Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.5%|
|Market Top 25% (AU)||6.7%|
|Industry Average (Metals and Mining)||7.3%|
|Analyst forecast in 3 Years (DRR)||5.3%|
Notable Dividend: DRR's dividend (6.88%) is higher than the bottom 25% of dividend payers in the Australian market (2.55%).
High Dividend: DRR's dividend (6.88%) is in the top 25% of dividend payers in the Australian market (6.71%)
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Whilst dividend payments have been stable, DRR has been paying a dividend for less than 10 years.
Growing Dividend: DRR's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100%), DRR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.6%), DRR's dividend payments are not well covered by cash flows.