DRDGOLD Dividend
Dividend criteria checks 2/6
DRDGOLD is a dividend paying company with a current yield of 2.34% that is well covered by earnings.
Key information
2.3%
Dividend yield
26%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R4.000 |
| Earnings per share | R15.42 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DRD's dividend payments have been volatile in the past 10 years.
Growing Dividend: DRD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| DRDGOLD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRD) | 2.3% |
| Market Bottom 25% (ZA) | 3.3% |
| Market Top 25% (ZA) | 7.6% |
| Industry Average (Metals and Mining) | 4.5% |
| Analyst forecast (DRD) (up to 3 years) | n/a |
Notable Dividend: DRD's dividend (2.34%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.29%).
High Dividend: DRD's dividend (2.34%) is low compared to the top 25% of dividend payers in the ZA market (7.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.9%), DRD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DRD is paying a dividend but the company has no free cash flows.