DRDGOLD Limited
DRDGFBasic Materials · Stock · semiannual payer
Forward Yield
2.80%
Annual Dividend
$0.06
Payout Ratio
19%
5-Yr Growth
-0.4%
Ex-Date
Mar 11, 2026
Frequency
Semiannual
Summary
As of July 2026, DRDGOLD Limited (DRDGF) yields 2.80% ($0.06 per share annually), with a blended fair-value estimate of $1.17 — -44% downside, so it screens as overvalued. Dividend safety grade: C (60/100). 1 years of dividend growth.
Is DRDGF a good dividend stock?
Yes, with caveatsDRDGOLD Limited (DRDGF) pays a semiannual dividend yielding 2.80% ($0.06/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (19%)
- 134% total price return over 5 years
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 2.80%
- Payout Ratio
- 19%
- Annual Dividend
- $0.06
- 5-Yr Avg Growth
- -0.4%
- Ex-Dividend Date
- Mar 11, 2026
- Years of Growth
- 1
- Frequency
- semiannual
- Beta
- 0.47
- Market Cap
- $1.8B
- P/E Ratio
- 13.2
- 5-Yr Total Return
- 134%
- 52-Week Range
- $1.38 – $3.75
- Dividend Safety
- C · 60/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
DRDGF Price — Last 12 Months
Daily close
Price Return
1 Year
+14%
3 Years
+105%
5 Years
+134%
52-Week Range
$1.38 – $3.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DRDGF worth?
Overvaluedmedium confidenceOur blended fair-value estimate for DRDGOLD Limited is $1.17 per share, versus a market price of $2.11. That implies 44% of downside.
Fair Value
$1.17
Current Price
$2.11
Downside
-44%
Margin of Safety
-80%
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, $0.16 EPS, $0.06 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 |
|---|---|---|---|
| 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 |
| Sep 25, 2019 | — | $0.0130 | regular |
Income Calculator
At $0.06 / yr per share
