Deterra Royalties Dividend

What is Deterra Royalties's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.88%

Current Dividend Yield

Dividend Yield vs Market

Deterra Royalties Dividend Yield vs Market
How does DRR dividend yield compare to the market?
SegmentDividend Yield
Company (DRR)6.9%
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

How stable has Deterra Royalties's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
6/30/20250.2411
6/30/20240.2813
6/30/20230.3113
1/28/20230.346.88
8/19/20220.347.69
2/23/20220.235.23
8/17/20210.235.59
2/23/20210.0491.13

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.


Discover strong dividend paying companies