Deterra Royalties Dividend
Dividend criteria checks 2/6
Deterra Royalties is a dividend paying company with a current yield of 8.22%.
Key information
8.2%
Dividend yield
100%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.317 |
| Earnings per share | AU$0.32 |
| Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Deterra Royalties' (ASX:DRR) Dividend Will Be A$0.1489
Feb 21
Deterra Royalties (ASX:DRR) Is Reducing Its Dividend To A$0.1685
Aug 19Deterra Royalties' (ASX:DRR) Dividend Will Be Increased To AU$0.12
Feb 24Recent updates
A Look At The Fair Value Of Deterra Royalties Limited (ASX:DRR)
Jul 21Deterra Royalties' (ASX:DRR) Dividend Will Be A$0.1489
Feb 21Deterra Royalties Limited's (ASX:DRR) Share Price Could Signal Some Risk
Dec 20Deterra Royalties (ASX:DRR) Is Reducing Its Dividend To A$0.1685
Aug 19Should You Be Adding Deterra Royalties (ASX:DRR) To Your Watchlist Today?
Jun 09Deterra Royalties Limited's (ASX:DRR) Low P/E No Reason For Excitement
Feb 23Deterra Royalties' (ASX:DRR) Solid Profits Have Weak Fundamentals
Aug 28Calculating The Fair Value Of Deterra Royalties Limited (ASX:DRR)
Aug 26Does Deterra Royalties (ASX:DRR) Deserve A Spot On Your Watchlist?
Jun 07Deterra Royalties Limited's (ASX:DRR) Intrinsic Value Is Potentially 18% Below Its Share Price
Mar 27Deterra Royalties' (ASX:DRR) Dividend Will Be Increased To AU$0.12
Feb 24Is Deterra Royalties Limited (ASX:DRR) Worth AU$4.0 Based On Its Intrinsic Value?
Nov 08Deterra Royalties Limited (ASX:DRR) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Aug 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DRR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DRR's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Deterra Royalties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRR) | 8.2% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Metals and Mining) | 5.1% |
| Analyst forecast in 3 Years (DRR) | 4.9% |
Notable Dividend: DRR's dividend (8.22%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: DRR's dividend (8.22%) is in the top 25% of dividend payers in the Australian market (6.28%)
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 (107.2%), DRR's dividend payments are not well covered by cash flows.