DETRF (Deterra Royalties) Dividend Payout Ratio : 1.04 (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Deterra Royalties Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Deterra Royalties's Dividend Payout Ratio for the months ended in Jun. 2024 was 1.04.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Deterra Royalties Ltd is 1.09, which seems too high.

The historical rank and industry rank for Deterra Royalties's Dividend Payout Ratio or its related term are showing as below:

DETRF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.88 Max: 1.18
Current: 1.09

During the past 4 years, the highest Dividend Payout Ratio of Deterra Royalties was 1.18. The lowest was 0.14. And the median was 0.88.

DETRF's Dividend Payout Ratio is ranked worse than
87.41% of 270 companies
in the Metals & Mining industry
Industry Median: 0.39 vs DETRF: 1.09

As of today (2024-12-12), the Dividend Yield % of Deterra Royalties is 7.39%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Deterra Royalties was 9.43%. The lowest was 0.51%. And the median was 5.38%.

Deterra Royalties's Dividends per Share for the months ended in Jun. 2024 was $0.10.

During the past 12 months, Deterra Royalties's average Dividends Per Share Growth Rate was -7.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 133.20% per year.

During the past 4 years, the highest 3-Year average Dividends Per Share Growth Rate of Deterra Royalties was 133.20% per year. The lowest was 133.20% per year. And the median was 133.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Deterra Royalties Dividend Payout Ratio Historical Data

The historical data trend for Deterra Royalties's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Deterra Royalties Dividend Payout Ratio Chart

Deterra Royalties Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

0.14

0.69

1.19

1.09

Deterra Royalties Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial			0.53	1.84	0.72	1.13	1.04

Competitive Comparison of Deterra Royalties's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Deterra Royalties's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Deterra Royalties's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Deterra Royalties's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Deterra Royalties's Dividend Payout Ratio falls into.

Deterra Royalties Dividend Payout Ratio Calculation

Deterra Royalties's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	0.211	/	0.194
	=	1.09

Deterra Royalties's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.099	/	0.095
	=	1.04

Deterra Royalties (OTCPK:DETRF) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Deterra Royalties Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Deterra Royalties's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Deterra Royalties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Deterra Royalties Ltd (OTCPK:DETRF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

DRR:Australia

Address

140 St Georges Terrace, Level 16, Perth, WA, AUS, 6000

Website

https://www.iluka.com

Deterra Royalties was spun out from Iluka Resources in October 2020, with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area in Western Australia. This includes the North Flank mine, producing around 60 million metric tons of iron ore a year, and the South Flank mine, expected to add 85 million metric tons by 2024 after producing first ore in 2021. It also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Consistent with its strategy to grow into a diversified royalty firm, its Trident Royalties purchase is likely to provide modest diversification from iron ore.