S&P 500
(-0.88%) 4 967.23 points
Dow Jones
(0.56%) 37 986 points
Nasdaq
(-2.05%) 15 282 points
Oil
(0.12%) $83.24
Gas
(0.46%) $1.760
Gold
(-0.29%) $2 406.70
Silver
(-0.34%) $28.75
Platinum
(-0.05%) $943.30
USD/EUR
(-0.13%) $0.938
USD/NOK
(-0.28%) $11.01
USD/GBP
(0.47%) $0.808
USD/RUB
(-0.74%) $93.20

Realtime updates for Drax Group PLC [DRX.L]

Exchange: LSE Industry: Utilities
Last Updated19 Apr 2024 @ 11:35

1.28% £ 490.20

Live Chart Being Loaded With Signals

Commentary (19 Apr 2024 @ 11:35):

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production...

Stats
Today's Volume 1.14M
Average Volume 1.63M
Market Cap 1.90B
EPS £0 ( 2024-02-28 )
Last Dividend £9.20 ( 2023-08-24 )
Next Dividend £0 ( N/A )
P/E 3.50
ATR14 £0.531 (0.11%)

Volume Correlation

Long: -0.07 (neutral)
Short: 0.33 (neutral)
Signal:(35.492) Neutral

Drax Group PLC Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Drax Group PLC Correlation - Currency/Commodity

The country flag 0.72
( moderate )
The country flag -0.61
( weak negative )
The country flag 0.76
( moderate )
The country flag -0.49
( neutral )
The country flag -0.77
( moderate negative )
The country flag 0.41
( neutral )

Drax Group PLC Financials

Annual 2023
Revenue: £7.84B
Gross Profit: £1.53B (19.46 %)
EPS: £1.430
Q4 2023
Revenue: £3.88B
Gross Profit: £874.70M (22.56 %)
EPS: £0.810
Q2 2023
Revenue: £3.96B
Gross Profit: £651.80M (16.44 %)
EPS: £0.620
Q4 2022
Revenue: £4.54B
Gross Profit: £498.60M (10.99 %)
EPS: £-0.160

Financial Reports:

No articles found.

Drax Group PLC Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
£8.40
(N/A)
£0
(N/A)
£0
(N/A)
£12.60
(N/A)
£9.20
(N/A)
£0
(N/A)
£0
(N/A)
£0
(N/A)
£0
(N/A)
£0
(N/A)

Drax Group PLC Dividend Information - Dividend Knight

Dividend Sustainability Score: 9.89 - good (98.90%) | Divividend Growth Potential Score: 5.96 - Stable (19.20%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend £92.41 2006-10-04
Last Dividend £9.20 2023-08-24
Next Dividend £0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 35 --
Total Paid Out £407.34 --
Avg. Dividend % Per Year 2.48% --
Score 4.72 --
Div. Sustainability Score 9.89
Div.Growth Potential Score 5.96
Div. Directional Score 7.93 --
Next Divdend (Est)
(2024-06-27)
£10.77 Estimate 12.39 %
Dividend Stability
0.50 Below Average
Dividend Score
4.72
Pay Frequency
Semi-Annually
Yearly Payout
Year Amount Yield
2006 £0 0.00%
2007 £0 0.00%
2008 £0 0.00%
2009 £0 0.00%
2010 £0 0.00%
2011 £0 0.00%
2012 £0 0.00%
2013 £0 0.00%
2014 £0 0.00%
2015 £0 0.00%
2016 £0 0.00%
2017 £0 0.00%
2018 £13.00 4.15%
2019 £14.90 4.11%
2020 £16.30 5.22%
2021 £17.80 4.65%
2022 £19.70 3.21%
2023 £21.80 3.25%
2024 £0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for LSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
QQ.L Dividend Knight 2023-07-27 Semi-Annually 19 1.52%
GLEN.L Dividend Knight 2023-08-31 Semi-Annually 14 3.43%
APTD.L Dividend Knight 2023-08-03 Semi-Annually 32 0.82%
TORO.L Dividend King 2023-08-10 Quarterly 9 8.28%
MBH.L Dividend Knight 2023-11-30 Annually 20 1.75%
CSH.L Dividend King 2023-05-18 Quarterly 8 3.39%
RTC.L Dividend Royal 2023-08-03 Annually 27 157.11%
HSL.L Dividend Knight 2023-08-24 Semi-Annually 53 1.65%
BDEV.L Dividend Knight 2023-09-28 Semi-Annually 32 2.43%
VMUK.L Dividend Junior 2023-05-18 Annually 7 1.91%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.07171.5008.5710.00[0 - 0.5]
returnOnAssetsTTM0.09311.2006.908.28[0 - 0.3]
returnOnEquityTTM0.3131.5007.6310.00[0.1 - 1]
payoutRatioTTM0.154-1.0008.46-8.46[0 - 1]
currentRatioTTM1.1230.8009.387.51[1 - 3]
quickRatioTTM0.6130.800-1.102-0.881[0.8 - 2.5]
cashRatioTTM0.1821.500-0.101-0.152[0.2 - 2]
debtRatioTTM0.240-1.5006.00-9.00[0 - 0.6]
interestCoverageTTM6.901.0008.558.55[3 - 30]
operatingCashFlowPerShareTTM2.152.009.2810.00[0 - 30]
freeCashFlowPerShareTTM1.0162.009.4910.00[0 - 20]
debtEquityRatioTTM0.736-1.5007.06-10.00[0 - 2.5]
grossProfitMarginTTM0.1951.000-0.0892-0.0892[0.2 - 0.8]
operatingProfitMarginTTM0.09981.000-0.00495-0.00495[0.1 - 0.6]
cashFlowToDebtRatioTTM0.5761.0007.917.91[0.2 - 2]
assetTurnoverTTM1.2990.8004.683.74[0.5 - 2]
Total Score9.89

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM3.331.0009.760[1 - 100]
returnOnEquityTTM0.3132.508.4810.00[0.1 - 1.5]
freeCashFlowPerShareTTM1.0162.009.6610.00[0 - 30]
dividendYielPercentageTTM4.511.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM2.152.009.2810.00[0 - 30]
payoutRatioTTM0.1541.5008.46-8.46[0 - 1]
pegRatioTTM-1.8831.500-10.000[0.5 - 2]
operatingCashFlowSalesRatioTTM0.1071.0009.840[0.1 - 0.5]
Total Score5.96

Drax Group PLC

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment offers non-generation system support and energy management services. The Pellet Production segment provides low carbon fuel. The company owns and operates Drax Power Station with an installed capacity of 2,000 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped hydro storage station, with an installed capacity of 440 MW located in Argyll and Bute, and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. In addition, the company owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. Further, it manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.

About Live Signals

The live signals presented on this page help determine when to BUY or SELL NA. The signals have upwards of a 1-minute delay; like all market signals, there is a chance for error or mistakes.

The live trading signals are not definite, and getagraph.com hold no responsibility for any action taken upon these signals, as described in the Terms of Use. The signals are based on a wide range of technical analysis indicators