How much dividend does Drax Group pay?
Over the past 12 months, Drax Group paid a dividend of 0.22 GBP . This corresponds to a dividend yield of about 3.4 %. For the coming 12 months, Drax Group is expected to pay a dividend of 0.22 GBP.
Drax Group Dividend 2024
Drax Group Dividend
0.22 GBP
Drax Group Dividend yield
3.4 %
Ticker
DRX.L
ISIN
GB00B1VNSX38
WKN
A0MK9W
How much dividend does Drax Group 2024 pay?
According to the latest status from September 2024, Drax Group paid a total of 0.22 GBP per share in dividends within the last 12 months. With the current Drax Group price of 6.41 GBP, this corresponds to a dividend yield of 3.4 %. A dividend is paid times per year.
| 3.4 % Dividend Yield | = |
|
Historical Drax Group Dividends
A dividend is paid times per year. Last year, the payout months were May and September.
| Paydate | Dividend |
|---|---|
| 10/19/2024 | 0.1 |
| 5/18/2024 | 0.14 |
| 9/24/2023 | 0.09 |
| 5/20/2023 | 0.13 |
| 9/25/2022 | 0.08 |
| 5/28/2022 | 0.11 |
| 9/26/2021 | 0.08 |
| 5/22/2021 | 0.1 |
| 9/20/2020 | 0.07 |
| 5/23/2020 | 0.1 |
| 10/19/2019 | 0.06 |
| 5/18/2019 | 0.09 |
| 10/20/2018 | 0.06 |
| 5/19/2018 | 0.07 |
| 10/21/2017 | 0.05 |
| 5/20/2017 | 0 |
| 10/22/2016 | 0.02 |
| 5/21/2016 | 0.01 |
| 10/24/2015 | 0.06 |
| 5/23/2015 | 0.08 |
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Drax Group dividend history and estimates GB00B1VNSX38 · A0MK9W
In 2023, Drax Group paid a dividend amounting to 0.22 GBP. Dividend means that Drax Group distributes a portion of its profits to its owners.
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Dividend
ⓘDividend Overview
The dividend per year chart for Drax Group provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Drax Group’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Drax Group's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Drax Group Dividend History
| Date | Drax Group Dividend |
|---|---|
| 2027e | 0.22 undefined |
| 2026e | 0.22 undefined |
| 2025e | 0.22 undefined |
| 2024e | 0.22 undefined |
| 2023 | 0.22 undefined |
| 2022 | 0.2 undefined |
| 2021 | 0.18 undefined |
| 2020 | 0.16 undefined |
| 2019 | 0.15 undefined |
| 2018 | 0.13 undefined |
| 2017 | 0.05 undefined |
| 2016 | 0.03 undefined |
| 2015 | 0.14 undefined |
| 2014 | 0.15 undefined |
| 2013 | 0.22 undefined |
| 2012 | 0.29 undefined |
| 2011 | 0.38 undefined |
| 2010 | 0.26 undefined |
| 2009 | 0.47 undefined |
| 2008 | 0.22 undefined |
| 2007 | 0.52 undefined |
| 2006 | 0.93 undefined |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0 GBP | 0 GBP |
| 2005 | 0 GBP | 0 GBP |
| 2006 | 0.93 GBP | 0 GBP |
| 2007 | 0.52 GBP | 0 GBP |
| 2008 | 0.22 GBP | 0 GBP |
| 2009 | 0.47 GBP | 0 GBP |
| 2010 | 0.26 GBP | 0 GBP |
| 2011 | 0.38 GBP | 0 GBP |
| 2012 | 0.29 GBP | 0 GBP |
| 2013 | 0.22 GBP | 0 GBP |
| 2014 | 0.15 GBP | 0 GBP |
| 2015 | 0.14 GBP | 0 GBP |
| 2016 | 0.03 GBP | 0 GBP |
| 2017 | 0.05 GBP | 0 GBP |
| 2018 | 0.13 GBP | 0 GBP |
| 2019 | 0.15 GBP | 0 GBP |
| 2020 | 0.16 GBP | 0 GBP |
| 2021 | 0.18 GBP | 0 GBP |
| 2022 | 0.2 GBP | 0 GBP |
| 2023 | 0.22 GBP | 0 GBP |
| 2024e | 0 GBP | 0.22 GBP |
| 2025e | 0 GBP | 0.22 GBP |
| 2026e | 0 GBP | 0.22 GBP |
| 2027e | 0 GBP | 0.22 GBP |
Is the Drax Group Dividend Safe?
Drax Group has been increasing the dividend for 7 years.
Over the past 10 years, Drax Group has increased it by an annual 0.01 %.
Over a five-year period, the distribution increased by 10.893%.
Analysts expect a Dividend Cut of -0.032% for the current fiscal year.
Drax Group dividend payout ratio GB00B1VNSX38 · A0MK9W
In 2023, Drax Group had a payout ratio of 113.37%. The payout ratio indicates the percentage of the company's profits that Drax Group distributes as dividends.
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Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Drax Group represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for Drax Group could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate Drax Group's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
Drax Group Payout Ratio History
| Date | Drax Group Payout ratio |
|---|---|
| 2027e | 103.45 % |
| 2026e | 105.93 % |
| 2025e | 103.43 % |
| 2024e | 100.99 % |
| 2023 | 113.37 % |
| 2022 | 95.93 % |
| 2021 | 93.68 % |
| 2020 | -41.79 % |
| 2019 | 150.5 % |
| 2018 | 261.89 % |
| 2017 | -12.84 % |
| 2016 | 5.7 % |
| 2015 | 98.87 % |
| 2014 | 47.22 % |
| 2013 | 167.52 % |
| 2012 | 66.16 % |
| 2011 | 29.89 % |
| 2010 | 50.64 % |
| 2009 | 151.97 % |
| 2008 | 22.22 % |
| 2007 | 52.59 % |
| 2006 | 74.02 % |
| 2005 | 150.5 % |
| 2004 | 150.5 % |
| Payout ratio | |
|---|---|
| 2004 | 150.5 % |
| 2005 | 150.5 % |
| 2006 | 74.02 % |
| 2007 | 52.59 % |
| 2008 | 22.22 % |
| 2009 | 151.97 % |
| 2010 | 50.64 % |
| 2011 | 29.89 % |
| 2012 | 66.16 % |
| 2013 | 167.52 % |
| 2014 | 47.22 % |
| 2015 | 98.87 % |
| 2016 | 5.7 % |
| 2017 | -12.84 % |
| 2018 | 261.89 % |
| 2019 | 150.5 % |
| 2020 | -41.79 % |
| 2021 | 93.68 % |
| 2022 | 95.93 % |
| 2023 | 113.37 % |
| 2024e | 100.99 % |
| 2025e | 103.43 % |
| 2026e | 105.93 % |
| 2027e | 103.45 % |
Dividend Details
Understanding Drax Group's Dividend Distributions
Drax Group’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining Drax Group's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
Drax Group's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in Drax Group’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Drax Group Aktienanalyse
What does Drax Group do?
The Drax Group PLC is a British company and the largest energy supply company in Europe. The company was founded in 1974 and is headquartered in Selby, North Yorkshire. The Drax Group is a major supplier of renewable energy and has three business areas: generation, customer solutions, and bioscience. Drax Generation produces electricity from coal and renewable energy. The company operates the Drax Power Station and eight other power plants. The Drax Power Station, the largest power plant in the UK, can provide electricity to around six million households in the UK with an annual capacity of 3.9 gigawatts. The other power plants are located in Scotland, Pakistan, France, and the USA. Despite coal power generation, the Drax Group has increased its commitment to renewable energy in recent years. The company aims to switch completely to biomass by 2025 and become carbon neutral by 2030. Biomass is obtained from wood pellets and agricultural residues such as straw and corn stalks. The transition to biomass has also contributed to the creation of new jobs in rural areas. In addition to electricity generation, the Drax Group also offers customer solutions. This includes products and services in the areas of energy efficiency, sustainability, and energy supply. For example, customers can have their own solar panels installed on their rooftops or implement energy-saving measures to save costs. The third business area of the Drax Group is bioscience. This involves the research and development of new technologies and products from biomass. For example, wood pellets are produced that can be used in power plants for electricity generation, but can also be used as fuel for private fireplaces and stoves. Biofuels and bioplastics are also potential products that could be made from biomass. The Drax Group operates in a very dynamic environment and faces major challenges. The energy transition and climate change are important issues that affect the business. In order to continue to be successful, the company must invest in renewable energy and adapt to regulatory frameworks. The development of new technologies will also play a crucial role. Overall, the Drax Group can be seen as an innovative and forward-looking company that is facing the challenges of the energy transition. With a diversified business model and a clear strategy, the company has good chances of being successful in the future. Drax Group is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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Frequently Asked Questions about Drax Group stock
What is the dividend yield of Drax Group?
The current dividend yield of Drax Group is 3.4 %.
When does Drax Group pay dividends?
Drax Group pays a quarterly dividend. This is distributed in the months of May, September, May, October.
How secure is the dividend of Drax Group?
Drax Group paid dividends every year for the past 22 years.
What is the dividend of Drax Group?
For the upcoming 12 months, dividends amounting to 0.22 GBP are expected. This corresponds to a dividend yield of 3.39 %.
In which sector is Drax Group located?
Drax Group is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Drax Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Drax Group from 10/25/2024 amounting to 0.104 GBP, you needed to have the stock in your portfolio before the ex-date on 9/19/2024.
When did Drax Group pay the last dividend?
The last dividend was paid out on 10/25/2024.
What was the dividend of Drax Group in the year 2023?
In the year 2023, Drax Group distributed 0.197 GBP as dividends.
In which currency does Drax Group pay out the dividend?
The dividends of Drax Group are distributed in GBP.
Andere Kennzahlen von Drax Group
Our stock analysis for Drax Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Drax Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
