Drax Group DRX
Dividend Summary
The next Drax Group dividend is expected to go ex in 4 months and to be paid in 5 months.
The previous Drax Group dividend was 10.4p and it went ex 3 months ago and it was paid 2 months ago.
There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 1.8.
Latest Dividends
| Summary | Previous dividend | Next dividend |
|---|---|---|
| Status | Paid | Forecast |
| Type | Interim | Final |
| Per share | 10.4p | Sign Up Required |
| Declaration date | 26 Jul 2024 (Fri) | 27 Feb 2025 (Thu) |
| Ex-div date | 19 Sep 2024 (Thu) | 24 Apr 2025 (Thu) |
| Pay date | 25 Oct 2024 (Fri) | 16 May 2025 (Fri) |
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Previous Payment
£10.40
Paid on 25 Oct 2024 (Fri)
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The table below shows the full dividend history for Drax Group
| Status | Type | Decl. date | Ex-div date | Pay date | Decl. Currency | Forecast amount | Decl. amount | Accuracy |
|---|---|---|---|---|---|---|---|---|
| Forecast | Final | 25 Feb 2027 | 22 Apr 2027 | 14 May 2027 | GBP | Sign up | — | |
| Forecast | Interim | 24 Jul 2026 | 17 Sep 2026 | 23 Oct 2026 | GBP | Sign up | — | |
| Forecast | Final | 26 Feb 2026 | 23 Apr 2026 | 15 May 2026 | GBP | Sign up | — | |
| Forecast | Interim | 25 Jul 2025 | 18 Sep 2025 | 24 Oct 2025 | GBP | Sign up | — | |
| Forecast | Final | 27 Feb 2025 | 24 Apr 2025 | 16 May 2025 | GBP | Sign up | — | |
| Paid | Interim | 26 Jul 2024 | 19 Sep 2024 | 25 Oct 2024 | GBP | 10.2p | 10.4p | 😃 |
| Paid | Final | 29 Feb 2024 | 18 Apr 2024 | 17 May 2024 | GBP | 13.8p | 13.9p | 😄 |
| Paid | Interim | 27 Jul 2023 | 24 Aug 2023 | 06 Oct 2023 | GBP | 9.31p | 9.2p | 😃 |
| Paid | Final | 23 Feb 2023 | 20 Apr 2023 | 19 May 2023 | GBP | 12.6p | 12.6p | 😄 |
| Paid | Interim | 26 Jul 2022 | 25 Aug 2022 | 07 Oct 2022 | GBP | 8.16p | 8.4p | 😃 |
| Paid | Final | 24 Feb 2022 | 28 Apr 2022 | 13 May 2022 | GBP | 11.4p | 11.3p | 😄 |
| Paid | Interim | 29 Jul 2021 | 26 Aug 2021 | 08 Oct 2021 | GBP | 7.49p | 7.5p | 😄 |
| Paid | Final | 25 Feb 2021 | 22 Apr 2021 | 14 May 2021 | GBP | 10.3p | 10.3p | 😄 |
| Paid | Interim | 29 Jul 2020 | 20 Aug 2020 | 02 Oct 2020 | GBP | 6.7p | 6.8p | 😃 |
| Paid | Final | 27 Feb 2020 | 23 Apr 2020 | 15 May 2020 | GBP | 9.6p | 9.5p | 😃 |
| Paid | Interim | 24 Jul 2019 | 19 Sep 2019 | 11 Oct 2019 | GBP | 6.4p | 6.4p | 😄 |
| Paid | Final | 26 Feb 2019 | 18 Apr 2019 | 10 May 2019 | GBP | 8.4p | 8.5p | 😃 |
| Paid | Interim | 24 Jul 2018 | 20 Sep 2018 | 12 Oct 2018 | GBP | 5.2p | 5.6p | 😊 |
| Paid | Final | 27 Feb 2018 | 19 Apr 2018 | 11 May 2018 | GBP | 7.35p | 7.4p | 😄 |
| Paid | Interim | 19 Jul 2017 | 21 Sep 2017 | 06 Oct 2017 | GBP | 1.5p | 4.9p | 😖 |
| Paid | Final | 16 Feb 2017 | 20 Apr 2017 | 12 May 2017 | GBP | 0.4p | 0.4p | 😄 |
| Paid | Interim | 26 Jul 2016 | 22 Sep 2016 | 07 Oct 2016 | GBP | 5p | 2.1p | 😖 |
| Paid | Final | 23 Feb 2016 | 21 Apr 2016 | 13 May 2016 | GBP | — | 0.6p | |
| Paid | Interim | 28 Jul 2015 | 24 Sep 2015 | 09 Oct 2015 | GBP | — | 5.1p | |
| Paid | Final | 24 Feb 2015 | 23 Apr 2015 | 15 May 2015 | GBP | — | 7.2p | |
| Paid | Interim | 29 Jul 2014 | 24 Sep 2014 | 10 Oct 2014 | GBP | — | 4.7p | |
| Paid | Final | 18 Feb 2014 | 23 Apr 2014 | 16 May 2014 | GBP | — | 8.9p | |
| Paid | Interim | – | 25 Sep 2013 | 11 Oct 2013 | GBP | — | 8.7p | |
| Paid | Final | – | 24 Apr 2013 | 17 May 2013 | GBP | — | 10.9p | |
| Paid | Interim | – | 26 Sep 2012 | 12 Oct 2012 | GBP | — | 14.4p | |
| Paid | Interim | – | 28 Sep 2011 | 14 Oct 2011 | GBP | — | 16p | |
| Paid | Final | – | 27 Apr 2011 | 13 May 2011 | GBP | — | 17.9p | |
| Paid | Interim | – | 29 Sep 2010 | 15 Oct 2010 | GBP | — | 14.1p | |
| Paid | Final | – | 31 Dec 2009 | 31 Dec 2009 | GBP | — | 13.7p | |
| Paid | Final | – | 31 Dec 2008 | 31 Dec 2008 | GBP | — | 43.3p | |
| Paid | Final | – | 31 Dec 2007 | 31 Dec 2007 | GBP | — | 14.6p | |
| Paid | Final | – | 31 Dec 2006 | 31 Dec 2006 | GBP | — | 13.1p |
| Year | Amount | Change |
|---|---|---|
| 2006 | 13.1p | — |
| 2007 | 14.6p | 11.5% |
| 2008 | 43.3p | 196.6% |
| 2009 | 13.7p | -68.4% |
| 2010 | 32.0p | 133.6% |
| 2011 | 16.0p | -50.0% |
| 2012 | 25.3p | 58.1% |
| 2013 | 17.6p | -30.4% |
| 2014 | 11.9p | -32.4% |
| 2015 | 5.7p | -52.1% |
| 2016 | 2.5p | -56.1% |
| 2017 | 12.3p | 392.0% |
| 2018 | 14.1p | 14.6% |
| 2019 | 15.9p | 12.8% |
| 2020 | 17.1p | 7.5% |
| 2021 | 18.8p | 9.9% |
| 2022 | 21.0p | 11.7% |
| 2023 | 23.1p | 10.0% |
| 2024 | Sign Up Required | |
| 2025 | Sign Up Required | |
| 2026 | Sign Up Required | |
Drax Group Optimized Dividend Chart
The chart below shows the optimized dividends for this security over a rolling 12-month period.
- Dividend Yield Today
- 4.1%
- Optimized Yield
- Sign Up Required
- 52 Week High
- 8.3% on 28 February 2024
- 52 Week Low
- 4.4% on 18 September 2024
- Next Ex-Div-Date Countdown
- Sign Up Required
About Drax Group
Drax owns and operates the Drax Power Station, the UK’s largest coal-fired power station based in North Yorkshire. The group's main activity is operating the station and the trading of electricity produced.
- Sector
- Electricity
- Country
- United Kingdom
- Share Price
- £6.30 (yesterday's closing price)
- Shares in Issue
- 370 million
- Market Cap
- £2.3bn
- 1.8
- 7
- Market Indices
- FTSE 350, FTSE 250, CBOE 250, CBOE 350
- Home Page URL
- https://www.drax.com/
- Investor Relations URL
- Sign Up Required
- Dividend History URL
- Sign Up Required
- Financial Calendar URL
- Sign Up Required
Drax Group announce an interim dividend of 10.4 per share
On 25 July 2024, the Drax Group Board resolved to pay an interim dividend of 10.4 pence per share, representing 40% of the expected full year dividend. The interim dividend will be paid on 25 October 2024 and the record date for entitlement to the dividend will be on 20 September 2024.
Drax Group announce a proposed final dividend of 13.9 pence per share
The Drax Group Board proposes to pay a final dividend in respect of 2023 of £53 million, equivalent to 13.9 pence per share. This will make the full year 2023 dividend £89 million (23.1 pence per share) (2022: £84 million, 21.0 pence per share).
Drax Group announce an interim dividend of 9.2 p per share
On 26 July 2023, the Drax Plc Board resolved to pay an interim dividend for the six months ended 30 June 2023 of 9.2 pence per share (£36 million), representing 40% of the expected full year dividend. The interim dividend will be paid on 6 October 2023 with a record date of 25 August 2023.
Drax Group announce a total dividend increased 11.7% to 21.0 pence per share
Drax Group announce a total dividend increased 11.7% to 21.0 pence per share (2021: 18.8 pence per share) and a proposed final dividend of 12.6 pence per share (2021: 11.3 pence per share)
Drax Group has announced to pay an interim dividend of 8.4 pence per share
On 25 July 2022, Drax Group resolved to pay an interim dividend of 8.4 pence per share (£34 million), representing 40% of the expected full year dividend of 21.0 pence per share (£84 million). This represents an 11.7% increase on 2021. The interim dividend will be paid on 7 October 2022 and the record date for entitlement to the dividend will be on 26 August 2022.
Drax Group have proposed a final dividend of 11.3p per share
The Drax Group Board has proposed to pay a final dividend in respect of 2021 of £45 million, equivalent to 11.3 pence per share, making the full year 2021 dividend £75 million (18.8 pence per share) (2020: £68 million, 17.1 pence per share). This represents a 10% increase on 2020 and is consistent with their policy to pay a dividend which is sustainable and expected to grow as the strategy delivers stable earnings, strong cash flows and opportunities for growth.
Drax PLC announce an interim dividend of 7.5 pence per share
On 28 July 2021, the Drax PLC Board resolved to pay an interim dividend of 7.5 pence per share (£30 million), representing 40% of the expected full year dividend in line with their dividend policy. The interim dividend will be paid on 8 October 2021 and the record date for entitlement to the dividend will be on 27 August 2021.
DRAX Group announces a proposed final dividend of 10.3 pence per share
The DRAX Group Board proposes to pay a final dividend in respect of 2020 of £41 million, equivalent to 10.3 pence per share, making the full year 2020 dividend £68 million (17.1 pence per share) (2019: £63 million, 15.6 pence per share). This represents a 7.5% increase on 2019 and is consistent with their policy to pay a dividend which is sustainable and expected to grow as the strategy delivers stable earnings, strong cash flows and opportunities for growth.
Drax announce an interim dividend of 6.8 pence per share
On 28 July 2020, the Drax Board resolved to pay an interim dividend of 6.8 pence per share (£27.1 million), representing 40% of the expected full year dividend in line with our dividend policy. The interim dividend will be paid on 2 October 2020 and the record date for entitlement to the dividend will be on 21 August 2020.
