Deterra Royalties Dividend
What is Deterra Royalties's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 6/30/2025 | 0.24 | 11 |
| 6/30/2024 | 0.28 | 13 |
| 6/30/2023 | 0.31 | 13 |
| 1/28/2023 | 0.34 | 6.88 |
| 8/19/2022 | 0.34 | 7.69 |
| 2/23/2022 | 0.23 | 5.23 |
| 8/17/2021 | 0.23 | 5.59 |
| 2/23/2021 | 0.049 | 1.13 |
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.