Drax GroupLSE:DRX -0.59%70 Forward Dividend Yield % is 3.84% as of Jun. 28, 2026. GuruFocus rates LSE:DRX with a GF Score™ of 70/100 and a GF Value™ of £5.24 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 232 Utilities - Independent Power Producers companies, Drax Group ranks better than 53.88% on this metric.
As of today (2026-06-28), the Forward Annual Dividend Yield of Drax Group is 3.84%.
As of today (2026-06-28), the Trailing Annual Dividend Yield of Drax Group is 3.84%.
LSE:DRX's Forward Dividend Yield % is ranked better than 53.88% of 232
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.635
vs LSE:DRX: 3.84
During the past 12 months, Drax Group's average Dividends Per Share Growth Rate was 11.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 11.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 10.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 17.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Drax Group was 76.70% per year. The lowest was -48.40% per year. And the median was 1.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Drax Group (LSE:DRX) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Drax Group Forward Dividend Yield % Competitor Comparison
For the Utilities - Renewable subindustry, Drax Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Drax Group Forward Dividend Yield % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Drax Group's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Drax Group's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Drax Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
GBP 0.174000
2026-04-23
2026-04-24
2026-05-15
Cash Dividend
semi-annually
GBP:GBP 1.000000
GBP 0.116000
2025-09-25
2025-09-26
2025-10-24
Cash Dividend
semi-annually
GBP:GBP 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Drax Group's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.348
/
7.56
=
4.60 %
Current Share Price is £7.56. Drax Group's Dividends per Share for the forward twelve months is calculated as £0.174 * 2 = £0.348.
Drax Group's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.29
/
7.56
=
3.84 %
Current Share Price is £7.56. Drax Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.29.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 3.84% mean?
Drax Group (LSE:DRX) has a Forward Dividend Yield % of 3.84% as of Jun. 28, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Drax Group and its competitors. According to the industry distribution chart, Drax Group ranks #107 out of 232 companies in the Utilities - Independent Power Producers industry, placing it in the top 46.1%.
Is Drax Group's Forward Dividend Yield % too high?
Drax Group's current Forward Dividend Yield % is 3.84%. The Utilities - Independent Power Producers industry median Forward Dividend Yield % is 3.64. Drax Group's value of 3.84% is 5.6% above this industry median. Based on the distribution chart, Drax Group ranks #107 out of 232 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Drax Group has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Drax Group's Forward Dividend Yield % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Drax Group ranks #107 out of 232 companies for Forward Dividend Yield %. This puts Drax Group in the upper half of its industry. The industry median Forward Dividend Yield % is 3.64. Drax Group's value of 3.84% is 5.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Utilities - Independent Power Producers company?
The median Forward Dividend Yield % among Utilities - Independent Power Producers companies is 3.64, based on 232 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Drax Group's current Forward Dividend Yield % of 3.84% is 5.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Drax Group and its competitors. For the Utilities - Independent Power Producers industry, the median Forward Dividend Yield % is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Drax Group's current Forward Dividend Yield % is 3.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drax Group stock overvalued right now?
Based on GuruFocus' analysis, Drax Group (LSE:DRX) is currently considered Significantly Overvalued. The stock's GF Value™ is £5.24, compared to a current price of £7.56 — trading 44.3% above its estimated fair value. The current Forward Dividend Yield % is 3.84% and 5.6% above the Utilities - Independent Power Producers industry median of 3.64. Drax Group's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Drax Group (LSE:DRX), the current Forward Dividend Yield % is 3.84% as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Drax Group (LSE:DRX) Overvalued in 2026?
Based on GuruFocus' analysis, Drax Group stock appears to be overvalued.
The current stock price of £7.56 is trading 44.3% above its estimated GF Value™ of £5.24.
GuruFocus considers Drax Group to be Significantly Overvalued.
Key valuation signals for LSE:DRX:
Forward Dividend Yield %: 3.84%
GF Value™: £5.24 vs. price of £7.56 (44.3% above fair value)
Industry Position: 5.6% above the Utilities - Independent Power Producers median (#107 of 232)
No single metric tells the full story. See the LSE:DRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric, and pumped hydro storage assets across four sites in England and Scotland. The company also operates a bioenergy supply business with manufacturing facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. Its segments include Pellet Production, Generation, and Customers. The majority of its revenue is generated from the Customers segment which sells renewable electricity to industrial and commercial customers in the United Kingdom.
70GF Score
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