Deterra Royalties Dividend yield

 Price  4.45
 Dividend  0.29
 Earnings  0.29
 Cash-flow  0.34
 Book value  0.17
 Equity  0.00

Deterra Royalties is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Deterra Royalties is a company from Australia, and his stocks are publicly traded.

Deterra Royalties stock dividend

Deterra Royalties paid a total dividend of 153 million AUD last year, for a market value of 2,354 millions (Market Cap 1,882 millions). Deterra Royalties dividend per share is 0.29 AUD, and his stock market price 4.45 AUD.

According to the chart below, where dividend yield is displayed, Deterra Royalties has a dividend yield of 6.48%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Deterra Royalties stocks dividend with other Industrial Metals and Mining companies or other of the high Australia dividend stocks list.

Dividend yield of Deterra Royalties

Deterra Royalties Dividend Payout

About the ability of Deterra Royalties to maintain his current dividend of AUD 0.29 per share, an amount that accounts for 6.48%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Deterra Royalties payout on ernings is currently 100.00%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Deterra Royalties can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Deterra Royalties is AUD 0.34 per share, which is higher than the dividend per share paid by the company of AUD 0.29, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Deterra Royalties, compared againt world market average, Australia companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Deterra Royalties payout

Deterra Royalties Dividend History

Below you will find a table with the historical evolution of Deterra Royalties's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  AUD  Paypout  Shares* 

*In millions

Deterra Royalties Stock performance

Finally, last moth Deterra Royalties showed a return of -5.30% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 6.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Industrial Metals and Mining firms.

Deterra Royalties stock and market return