Drax Group PLC Stock Historical Dividends and Yields

Drax Group PLC (MEX:DRX N) pays a dividend yield of 3.63% ($0.29 per share annually). The payout ratio is 0.2. The 5-year dividend growth rate is 10.8%. Drax Group PLC has been paying dividends since 2023.

Below is Drax Group PLC's complete dividend history, ex-dividend dates, payout ratio trends, and dividend yield charts.

Dividend started since

 
2023

Years of Dividend History

 
3

Years of No Dividend Reduction

 
2

Years of Dividend Increase

 
2
3.63% (Trailing)
3.63% (Forward)

Dividend Yield

0.2
 

Dividend Payout Ratio

10.8%
 

Growth Rate (5-Year)

6.06%
 

Yield on Cost (5-Year)

5.3%
 

3-Year Share Buyback Ratio

* Special dividend is not included in the calculation of dividend per share and related fields

Dividend Growth


Growth Rate Yield on Cost
1 Year 11.9% 4.06%
3 Year 11.4% 5.02%
5 Year 10.8% 6.06%
10 Year 17.8% 18.68%

Drax Group PLC Dividend History & Ex-Dividend Dates

Complete history of 5 dividend payments by Drax Group PLC since 2023. Each row shows the ex-dividend date, amount per share, record date, pay date, and declaration date.

Drax Group PLC (MEX:DRX N) Dividend History
Ex-Dividend Date Amount Record Date Pay Date Declaration Date
2026-04-23 GBP 0.174 2026-04-24 2026-05-15 2026-02-26
2025-09-25 GBP 0.116 2025-09-26 2025-10-24 2025-07-31
2025-04-24 GBP 0.156 2025-04-25 2025-05-16 2025-02-27
2024-09-19 GBP 0.104 2024-09-20 2024-10-25 2024-07-26
2023-04-20 GBP 0.126 2023-04-21 2023-05-19 2023-02-23

Frequently Asked Questions: MEX:DRX N Dividend

What is Drax Group PLC's (MEX:DRX N) current dividend yield?

Drax Group PLC (MEX:DRX N) currently has a dividend yield of 3.63%, paying $0.29 per share annually. The forward yield is 3.63%.

What is Drax Group PLC's payout ratio?

Drax Group PLC's payout ratio is 0.2, which represents the percentage of earnings paid out as dividends. A lower payout ratio generally suggests more room for future dividend growth and greater safety during earnings downturns.

How long has Drax Group PLC been paying dividends?

Drax Group PLC has been paying dividends since 2023, a 3-year track record. The company has increased its dividend consistently since 2024.

Is Drax Group PLC's dividend growing?

Drax Group PLC's dividend has grown at an annualized rate of 10.8% over the past 5 years and 17.8% over the past 10 years. This positive growth rate indicates consistent dividend increases.

Where can I see Drax Group PLC's complete dividend data?

Above this section you'll find Drax Group PLC's complete dividend payment history, ex-dividend dates, payout ratio trends, and yield charts. For broader analysis of Drax Group PLC as an investment, visit the Drax Group PLC Stock summary page on GuruFocus.

Dividend Yield History

This is the historical trailing annual dividend yield of Drax Group PLC. Buying stocks at higher yield relative its historical values is usually more profitable.

Dividend Per Share History

This the dividend history of Drax Group PLC

Dividend Payout Ratio

This is the historical payout ratio of Drax Group PLC. If the dividend payout ratio is close to or higher than 1, dividends might not be sustainable.