DRA Global Dividend
Dividend criteria checks 3/6
DRA Global is a dividend paying company with a current yield of 5.02% that is well covered by earnings.
Key information
5.0%
Dividend yield
30%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R0.36 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether DRA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DRA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
DRA Global Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DRA) | 5.0% |
Market Bottom 25% (ZA) | 4.0% |
Market Top 25% (ZA) | 9.5% |
Industry Average (Construction) | 3.1% |
Analyst forecast in 3 Years (DRA) | n/a |
Notable Dividend: DRA's dividend (5.02%) is higher than the bottom 25% of dividend payers in the ZA market (4.02%).
High Dividend: DRA's dividend (5.02%) is low compared to the top 25% of dividend payers in the ZA market (9.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), DRA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.7%), DRA's dividend payments are thoroughly covered by cash flows.