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DRDGold (LTS:0ICU) Dividend Payout Ratio : 0.57 (As of Jun. 2024)


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What is DRDGold 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. DRDGold's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.57.

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

LTS:0ICU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.57   Max: 12
Current: 0.57


During the past 13 years, the highest Dividend Payout Ratio of DRDGold was 12.00. The lowest was 0.12. And the median was 0.57.

LTS:0ICU's Dividend Payout Ratio is ranked worse than
69.2% of 263 companies
in the Metals & Mining industry
Industry Median: 0.38 vs LTS:0ICU: 0.57

As of today (2024-12-11), the Dividend Yield % of DRDGold is 2.25%.

During the past 13 years, the highest Trailing Annual Dividend Yield of DRDGold was 15.71%. The lowest was 0.23%. And the median was 4.00%.

DRDGold's Dividends per Share for the months ended in Jun. 2024 was $0.46.

During the past 12 months, DRDGold's average Dividends Per Share Growth Rate was 41.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of DRDGold was 95.70% per year. The lowest was -35.60% per year. And the median was 35.70% 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.


DRDGold Dividend Payout Ratio Historical Data

The historical data trend for DRDGold'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.

DRDGold Dividend Payout Ratio Chart

DRDGold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.46 0.52 0.43 0.57

DRDGold Semi-Annual Data
Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.46 0.52 0.43 0.57

Competitive Comparison of DRDGold's Dividend Payout Ratio

For the Gold subindustry, DRDGold'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.


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

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

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



DRDGold Dividend Payout Ratio Calculation

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.

DRDGold'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 )
=0.462/ 0.815
=0.57

DRDGold'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 )
=0.462/ 0.815
=0.57

* 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.


DRDGold (LTS:0ICU) 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.


DRDGold Dividend Payout Ratio Related Terms

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


DRDGold Business Description

Traded in Other Exchanges
Address
Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, Johannesburg, ZAF, 1709
DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. Its reportable operating segments are; Ergo, FWGR, and Corporate office and other reconciling items. The Ergo is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the company's revenue.

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