DRDGOLD Ltd. Sponsored ADR (DRD) Dividend Analysis
Does DRDGOLD Ltd. Sponsored ADR (DRD) pay a dividend?
No. DRDGOLD Ltd. Sponsored ADR (DRD) paid ZAR 0.22 per share in fiscal 2024, and no later dividend appears in its filings.
Computed from company filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Fiscal year | Per share | Change |
|---|---|---|
| 2024 | ZAR 0.22 | -52.2% |
| 2023 | ZAR 0.46 | +23.4% |
| 2022 | ZAR 0.37 | -29.4% |
| 2021 | ZAR 0.52 | +3.6% |
| 2020 | ZAR 0.51 | +284.3% |
| 2019 | ZAR 0.13 | +218.0% |
| 2018 | ZAR 0.04 | +12.8% |
| 2017 | ZAR 0.04 | -88.7% |
| 2016 | ZAR 0.33 | +445.4% |
| 2015 | ZAR 0.06 | +315.4% |
Newest 10 of 15 fiscal years; the chart below has the full series. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.
Dividend appears well-covered by both earnings and free cash flow, no sustained growth pattern yet.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (100) × 0.40 + Growth (43) × 0.35 + Income (10) × 0.25 = 58
Dividend Yield
—
Per Share (FY2024)
ZAR 0.22
Payout Ratio
2.1%
5Y CAGR
10.7%
Dividend Safety
Earnings Payout
2.1%
FCF Payout
4.2%
FCF Coverage
23.7x
Dividend Growth
Per Share (FY2024)
ZAR 0.22
Growth Streak
—
5Y CAGR
10.7%
Does DRDGOLD Ltd. Sponsored ADR (DRD) pay a dividend?
Frequently asked
Does DRDGOLD Ltd. Sponsored ADR (DRD) pay a dividend?+
No. DRDGOLD Ltd. Sponsored ADR (DRD) does not currently pay a dividend. The last payment in our data was in 2024, and nothing has been paid since.
How does DRDGOLD Ltd. Sponsored ADR return cash to shareholders?+
It largely does not. DRDGOLD Ltd. Sponsored ADR pays no dividend and we do not see a meaningful reduction in share count over the last twelve months, so cash is being retained in the business or spent on growth rather than returned. That is common for companies reinvesting heavily, and it means your return depends entirely on the share price.
Could DRDGOLD Ltd. Sponsored ADR afford to pay a dividend?+
On the numbers, yes. DRDGOLD Ltd. Sponsored ADR generated ZAR 2.1 billion of free cash flow, which is about ZAR 24.89 per share. If it paid out half of that, the dividend would be roughly ZAR 12.45 per share, a yield of about 51.1% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.
Which materials companies do pay dividends?+
Our Materials sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with DRDGOLD Ltd. Sponsored ADR.
Related stocks: Gold
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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