Drax Group Dividend
Dividend criteria checks 4/6
Drax Group is a dividend paying company with a current yield of 4.33% that is well covered by earnings.
Key information
4.3%
Dividend yield
16%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | UK£1.45 |
| Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
What Does Drax Group plc's (LON:DRX) Share Price Indicate?
Apr 24
Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden
Apr 09Calculating The Intrinsic Value Of Drax Group plc (LON:DRX)
Feb 07Drax Group plc (LON:DRX) Doing What It Can To Lift Shares
Dec 24Drax Group plc (LON:DRX) Shares Could Be 23% Below Their Intrinsic Value Estimate
Oct 24Should You Investigate Drax Group plc (LON:DRX) At UK£5.20?
Sep 20Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden
Aug 18Time To Worry? Analysts Just Downgraded Their Drax Group plc (LON:DRX) Outlook
Jul 30Estimating The Intrinsic Value Of Drax Group plc (LON:DRX)
Jul 20If EPS Growth Is Important To You, Drax Group (LON:DRX) Presents An Opportunity
Jun 28The Price Is Right For Drax Group plc (LON:DRX)
May 27Is Drax Group (LON:DRX) Using Too Much Debt?
Apr 02Should You Think About Buying Drax Group plc (LON:DRX) Now?
Jan 20Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet
Dec 16At UK£6.91, Is It Time To Put Drax Group plc (LON:DRX) On Your Watch List?
Sep 19Drax Group (LON:DRX) Takes On Some Risk With Its Use Of Debt
Aug 24Analysts' Revenue Estimates For Drax Group plc (LON:DRX) Are Surging Higher
Jul 28Drax Group plc (LON:DRX) Shares Could Be 35% Above Their Intrinsic Value Estimate
Jul 15Is Drax Group plc (LON:DRX) Potentially Undervalued?
May 22Is Drax Group (LON:DRX) Using Too Much Debt?
Mar 30We Think Drax Group's (LON:DRX) Profit Is Only A Baseline For What They Can Achieve
Mar 03Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet
Dec 09Is Drax Group (LON:DRX) A Risky Investment?
Aug 27Is Now The Time To Look At Buying Drax Group plc (LON:DRX)?
May 12Here's Why Drax Group (LON:DRX) Can Manage Its Debt Responsibly
Apr 15Shareholders Of Drax Group (LON:DRX) Must Be Happy With Their 102% Total Return
Feb 19
These 4 Measures Indicate That Drax Group (LON:DRX) Is Using Debt Reasonably Well
Dec 28Drax Group plc (LON:DRX) Insiders Increased Their Holdings
Dec 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DRX's dividend payments have been volatile in the past 10 years.
Growing Dividend: DRX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Drax Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRX) | 4.3% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Renewable Energy) | 3.3% |
| Analyst forecast in 3 Years (DRX) | 5.5% |
Notable Dividend: DRX's dividend (4.33%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: DRX's dividend (4.33%) is low compared to the top 25% of dividend payers in the UK market (5.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.2%), DRX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.6%), DRX's dividend payments are well covered by cash flows.