Drax Group Dividend
Drax Group Dividend history 18 years & estimates 2024 to 2027
Dividend Analysis of the Drax Group Stock
| Current dividend yield | 7.29 % |
| Dividendenrendite 5 Jahre | 5.38 % |
| Dividend Yield 10Y | 2.84 % |
| Payout 3Y | 5.2 % |
When does Drax Group pay a dividend?
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
GBP0.104
GBP0.1
|
Sep 19 2024
Sep 19 2024
Oct 25 2024
Sep 19 24
Oct 25 24 |
Oct 25 2024 |
-
-
|
| 2023 |
GBP0.139
GBP0.14
|
Apr 18 2024
Apr 18 2024
May 17 2024
Apr 18 24
May 17 24 |
May 17 2024 |
-
-
|
| 2023 |
GBP0.092
GBP0.09
|
Aug 24 2023
Aug 24 2023
Oct 06 2023
Aug 24 23
Oct 06 23 |
Oct 06 2023 |
-
-
|
| 2022 |
GBP0.126
GBP0.13
|
Apr 20 2023
Apr 20 2023
May 19 2023
Apr 20 23
May 19 23 |
May 19 2023 |
-
-
|
| 2022 |
GBP0.084
GBP0.08
|
Aug 25 2022
Aug 25 2022
Oct 07 2022
Aug 25 22
Oct 07 22 |
Oct 07 2022 |
-
-
|
| 2021 |
GBP0.113
GBP0.11
|
Apr 28 2022
Apr 28 2022
May 13 2022
Apr 28 22
May 13 22 |
May 13 2022 |
-
-
|
| 2021 |
GBP0.075
GBP0.08
|
Aug 26 2021
Aug 26 2021
Oct 08 2021
Aug 26 21
Oct 08 21 |
Oct 08 2021 |
-
-
|
| 2020 |
GBP0.103
GBP0.1
|
Apr 22 2021
Apr 22 2021
May 14 2021
Apr 22 21
May 14 21 |
May 14 2021 |
-
-
|
| 2020 |
GBP0.068
GBP0.07
|
Aug 20 2020
Aug 20 2020
Oct 02 2020
Aug 20 20
Oct 02 20 |
Oct 02 2020 |
-
-
|
| 2019 |
GBP0.095
GBP0.1
|
Apr 23 2020
Apr 23 2020
May 15 2020
Apr 23 20
May 15 20 |
May 15 2020 |
-
-
|
How much dividend does Drax Group pay?
Drax Group most recently paid a dividend of GBP0.10. Drax Group paid a Dividend of GBP0.23 Per Share in the financial year 2023. With a stock price of GBP6.30 at Dec 27 2024, the current dividend yield is 3.67% (calculation: GBP0.23 / GBP6.30 = 3.67%). No special dividend was paid.
What is the Drax Group Dividend Yield and payout ratio?
The average Drax Group dividend yield over the last 5 years is 4.78% and the average over the last 10 years is 4.19%.
The payout ratio of Drax Group in relation to the last financial year is 16.15%. The payout ratio smoothed over 3 years is 34.18%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Drax Group |
|---|---|
| Current dividend yield | 3.67% |
| Dividend Yield 5Y | 4.78% |
| Dividend Yield 10Y | 4.19% |
| Payout 1Y | 16.15% |
| Payout 3Y | 34.18% |
Is the Drax Group dividend safe? Continuity & Dividend Growth
Is the Drax Group dividend safe?
Drax Group has been paying a dividend for 18 years and has not lowered the dividend for 7 years (dividend continuity). As a result, the dividend was recently increased 7-times.
The Dividend Growth in relation to the previous financial year amounts to 10.00%. The average Drax Group Dividend Growth over the last 5 years is 10.38%. The average for the last 10 years is 2.76%.
| Metric | Drax Group |
|---|---|
| Increased | 7 Years |
| Continuity | 7 Years |
| Paid | 18 Years |
| Growth 1Y | 10.00% |
| Growth 5Y | 10.38% |
| Growth 10Y | 2.76% |
Continuity
Drax Group has been paying a dividend for 18 years and has not lowered the dividend for 7 years (dividend continuity). As a result, the dividend was recently increased 7-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 10.00%. The average Drax Group Dividend Growth over the last 5 years is 10.38%. The average for the last 10 years is 2.76%.
Drax Group Stock Forecast 2024
On the stock exchange, the Drax Group stock (ISIN: GB00B1VNSX38) is traded at December 2024 as a Top Scorer according to the dividend strategy.
The stock price of Drax Group 34.63% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Drax Group stock price in real time at the top of the page.
Drax Group (symbol: DRX) is valued at a Price / Earnings Ratio (P/E ratio) of 3.73 and a price/sales ratio (P/S ratio) of 0.34 valued. Based on analyst estimates, the Drax Group stock forecast 2024 of the current financial year corresponds to a valuation of 4.91 according to P/E ratio and 0.31 according to P/S.
| Metric | Drax Group |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
34.63%
|
| P/E TTM | 3.73 |
| P/S TTM | 0.34 |
| P/E forward | 4.91 |
| P/S forward | 0.31 |
Drax Group (symbol: DRX) is valued at a Price / Earnings Ratio (P/E ratio) of 3.73 and a price/sales ratio (P/S ratio) of 0.34 valued. Based on analyst estimates, the Drax Group stock forecast 2024 of the current financial year corresponds to a valuation of 4.91 according to P/E ratio and 0.31 according to P/S.
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