DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. The company is involved in the exploration, extraction, processing, and smelting activities. It recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa. DRDGOLD Limited operates as a subsidiary of Sibanye Gold Limited.
DRDGOLD Dividend Announcement
• DRDGOLD announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-13
• DRDGOLD annual dividend for 2024 was $0.11
• DRDGOLD annual dividend for 2023 was $0.46
• DRDGOLD's trailing twelve-month (TTM) dividend yield is 1.15%
• DRDGOLD's payout ratio for the trailing twelve months (TTM) is 80.49%
• DRDGOLD's dividend growth over the last five years (2018-2023) was 60.70% year
• DRDGOLD's dividend growth over the last ten years (2013-2023) was 4.59% year
DRDGOLD Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.01 | semi annually | 2024-09-26 |
2024-03-07 | $0.11 | semi annually | 2024-03-21 |
2023-09-14 | $0.35 | semi annually | 2023-09-28 |
2023-03-09 | $0.11 | semi annually | 2023-03-23 |
2022-09-22 | $0.24 | semi annually | 2022-10-06 |
2022-03-10 | $0.10 | semi annually | 2022-03-24 |
2021-09-22 | $0.28 | semi annually | 2021-10-07 |
2021-03-04 | $0.27 | semi annually | 2021-03-18 |
2020-09-24 | $0.16 | semi annually | 2020-10-08 |
2020-06-17 | $0.11 | semi annually | 2020-06-25 |
2020-03-05 | $0.16 | semi annually | 2020-03-19 |
2019-09-26 | $0.13 | semi annually | 2019-10-10 |
2018-03-15 | $0.04 | semi annually | 2018-03-29 |
2017-09-28 | $0.04 | semi annually | 2017-10-12 |
2016-10-12 | $0.08 | semi annually | 2016-10-27 |
2016-05-25 | $0.24 | semi annually | 2016-06-09 |
2016-03-16 | $0.08 | semi annually | 2016-04-01 |
2015-10-07 | $0.07 | semi annually | 2015-10-22 |
2014-11-12 | $0.02 | semi annually | 2014-11-28 |
2013-10-09 | $0.13 | semi annually | 2013-10-24 |
2013-03-13 | $0.16 | semi annually | 2013-03-28 |
DRDGOLD Dividend per year
DRDGOLD Dividend growth
DRDGOLD Dividend Yield
DRDGOLD current trailing twelve-month (TTM) dividend yield is 1.15%. Interested in purchasing DRDGOLD stock? Use our calculator to estimate your expected dividend yield:
DRDGOLD Financial Ratios
DRDGOLD Dividend FAQ
Other factors to consider when evaluating DRDGOLD as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: DRDGOLD's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, DRDGOLD publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, DRDGOLD distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from DRDGOLD are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: DRDGOLD sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, DRDGOLD distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DRDGOLD declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of DRDGOLD's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review DRDGOLD's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.