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DRA Global Limited operates as a diversified engineering, project management, and operations management company in the mining, mineral, and metal sectors. It offers project development services, including concept development, economic and project evaluation, study development, estimating and planning, project risk assessment, opportunity identification, preliminary economic assessment, and front-end engineering design, as well as advisory and front-end solutions, and pre/definitive/bankable feasibility studies. The company also provides project delivery and execution services, such as project management, engineering design, procurement, construction management, commissioning, detailed design, construction, commercial contract management, and capital portfolio delivery. In addition, it offers operations and maintenance services comprising plant operation and management, operational assessment and management, small project and plant modification, sustaining capital, process optimization, system, asset integrity management, and maintenance and operation strategy development. The company operates in Australia, the Asia Pacific, the Americas, Europe, the Middle East, and Africa. DRA Global Limited was founded in 1984 and is headquartered in Perth, Australia.

DRA Global Dividend Announcement

• DRA Global announced a annually dividend of A$0.11 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-01
• DRA Global annual dividend for 2024 was A$0.11
• DRA Global's trailing twelve-month (TTM) dividend yield is 5.58%
• DRA Global's payout ratio for the trailing twelve months (TTM) is 74.00%

DRA Global Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-01A$0.11annually2024-05-15

DRA Global Dividend per year

DRA Global Dividend Yield

DRA Global current trailing twelve-month (TTM) dividend yield is 5.58%. Interested in purchasing DRA Global stock? Use our calculator to estimate your expected dividend yield:

DRA Global Financial Ratios

P/E ratio13.57
PEG ratio0.50
P/B ratio0.43
ROE3.24%
Payout ratio74.00%
Current ratio1.45
Quick ratio1.44
Cash Ratio0.59

DRA Global Dividend FAQ

Does DRA Global stock pay dividends?
DRA Global does not currently pay dividends to its shareholders.
Has DRA Global ever paid a dividend?
No, DRA Global has no a history of paying dividends to its shareholders. DRA Global is not known for its dividend payments.
Why doesn't DRA Global pay dividends?
There are several potential reasons why DRA Global would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will DRA Global ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While DRA Global has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is DRA Global a dividend aristocrat?
DRA Global is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is DRA Global a dividend king?
DRA Global is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is DRA Global a dividend stock?
No, DRA Global is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy DRA Global stocks?
To buy DRA Global you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy DRA Global stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.