Drax Group plc (DRX.L)
| Previous Close | 628.50 |
| Open | 614.50 |
| Bid | 634.00 x 0 |
| Ask | 635.00 x 0 |
| Day's Range | 614.50 - 637.00 |
| 52 Week Range | 400.30 - 679.50 |
| Volume | |
| Avg. Volume | 1,144,477 |
| Market Cap | 2.417B |
| Beta (5Y Monthly) | 1.22 |
| PE Ratio (TTM) | 3.82 |
| EPS (TTM) | 1.66 |
| Earnings Date | Jul 26, 2024 |
| Forward Dividend & Yield | 0.24 (3.87%) |
| Ex-Dividend Date | Sept 19, 2024 |
| 1y Target Est | 762.71 |
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The United Kingdom's FTSE 100 index recently experienced a downturn, influenced by weak trade data from China and declining commodity prices. In this challenging market environment, investors may find stability and income potential in dividend stocks, which can offer attractive yields even when broader markets face headwinds.
Simply Wall St.Drax Group's (LON:DRX) earnings growth rate lags the 23% CAGR delivered to shareholders
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
- Reuters
UK’s Drax to invest up to $12.5 billion in US biomass power plants
British power generator Drax could invest up to $12.5 billion developing biomass plants with carbon capture and storage (BECCS) in the United States over the next decade, it said on Tuesday. Drax, which generates around 6% of Britain's electricity, said it is still committed to the UK but sees opportunities in the U.S. for its BECCS technology. Its new Houton-based business, Elimini, is reviewing more than 20 potential sites for BECCS projects and has around 100 staff.
