DRDGOLD Limited
DRDGFBasic Materials · Stock · semiannual payer
Forward Yield
5.05%
Annual Dividend
$0.15
Payout Ratio
18%
5-Yr Growth
-0.4%
Ex-Date
Sep 9, 2026
Frequency
Semiannual
Summary
As of September 2026, DRDGOLD Limited (DRDGF) yields 5.05% ($0.15 per share annually), with a blended fair-value estimate of $2.58 — -13% downside, so it screens as fairly valued. Dividend safety grade: C (56/100). 1 years of dividend growth.
Is DRDGF a good dividend stock?
MixedDRDGOLD Limited (DRDGF) pays a semiannual dividend yielding 5.05% ($0.15/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (18%)
- 190971% total price return over 5 years
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 5.05%
- Payout Ratio
- 18%
- Annual Dividend
- $0.15
- 5-Yr Avg Growth
- -0.4%
- Ex-Dividend Date
- Sep 9, 2026
- Years of Growth
- 1
- Frequency
- semiannual
- Beta
- 0.54
- Market Cap
- $2.3B
- P/E Ratio
- 8.6
- 5-Yr Total Return
- 190971%
- 52-Week Range
- $2.06 – $3.75
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
DRDGF Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+232%
5 Years
+190971%
52-Week Range
$2.06 – $3.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DRDGF worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for DRDGOLD Limited is $2.58 per share, versus a market price of $2.97. That implies the stock is roughly fairly priced.
Fair Value
$2.58
Current Price
$2.97
Gap
-13%
Margin of Safety
-15%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.30 EPS, $0.15 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DRDGF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 9, 2026 | — | $0.0750 | regular |
| Mar 11, 2026 | — | $0.0310 | regular |
| Mar 12, 2025 | — | $0.0170 | regular |
| Sep 11, 2024 | — | $0.0110 | regular |
| Mar 6, 2024 | — | $0.0110 | regular |
| Sep 13, 2023 | — | $0.0340 | regular |
| Mar 8, 2023 | — | $0.0110 | regular |
| Sep 21, 2022 | — | $0.0230 | regular |
| Mar 9, 2022 | — | $0.0130 | regular |
| Sep 21, 2021 | — | $0.0270 | regular |
| Mar 3, 2021 | — | $0.0270 | regular |
| Sep 22, 2020 | — | $0.0210 | regular |
| Jun 10, 2020 | — | $0.0150 | regular |
| Mar 4, 2020 | — | $0.0160 | regular |
Income Calculator
At $0.15 / yr per share
