Deterra Royalties Dividend
Dividend criteria checks 2/6
Deterra Royalties is a dividend paying company with a current yield of 6.48%.
Key information
6.5%
Dividend yield
100%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.32 |
Dividend yield forecast in 3Y | 5.6% |
Recent dividend updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (DRR) | 6.5% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Metals and Mining) | 5.0% |
Analyst forecast in 3 Years (DRR) | 5.6% |
Notable Dividend: DRR's dividend (6.48%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: DRR's dividend (6.48%) is in the top 25% of dividend payers in the Australian market (6.35%)
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.