Deterra Royalties Ltd (ASX: DRR) Share Price and News

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Deterra Royalties Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $2.44 billion
P/E Ratio 25.51
Dividend Yield 5.10%
Shares Outstanding 528.53 million
Earnings per share 0.178
Dividend per share 0.23
Year To Date Return 8.53%
Earnings Yield 3.92%
Franking 100%
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as at 24 Feb 3:44pm

Deterra Royalties Ltd (ASX: DRR)
Latest News

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Frequently Asked Questions

Yes, Deterra made two dividend payments in 2021. The company paid an interim dividend of 2.4 cents per share in March and a final dividend payment of 11.5 cents per share on 22 September 2021. Both payments came fully franked.

As at 31 January 2022, Deterra does not offer a dividend reinvestment plan.

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
11 Mar 2022 $0.1168 100.00% Interim 31 Mar 2022
02 Sep 2021 $0.1152 100.00% Final 22 Sep 2021
16 Mar 2021 $0.0245 100.00% Interim 31 Mar 2021

DRR ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Deterra Royalties Ltd

Perth-based Deterra Royalties Ltd (ASX: DRR) is involved in the management and growth of a portfolio of royalty assets across a range of commodities. These are primarily focused on bulks, base and battery metals. Its cornerstone asset is the MAC Royalty, which is a royalty over iron ore produced from tenements of BHP's Mining Area C (MAC) province in the Pilbara region of Western Australia.

The agreement provides for revenue-based royalty along with production capacity payments. Deterra also has five smaller royalties including Yoongarillup/Yalyalup, Wonnerup, Eneabba and St Ives. Deterra was spun out from Iluka Resources in October 2020, with Iluka retaining a 20% interest. It is the largest resource royalty investment company listed on the ASX.

DRR Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
08 Aug 2022 $4.55 $-0.02 -0.44% 1,114,101 $4.60 $4.60 $4.53
05 Aug 2022 $4.57 $0.11 2.47% 444,819 $4.55 $4.57 $4.48
04 Aug 2022 $4.46 $-0.03 -0.67% 613,005 $4.50 $4.55 $4.46
03 Aug 2022 $4.49 $0.03 0.67% 1,017,720 $4.46 $4.50 $4.39
02 Aug 2022 $4.46 $0.01 0.22% 691,484 $4.45 $4.48 $4.38
01 Aug 2022 $4.45 $0.13 3.01% 1,404,415 $4.42 $4.51 $4.41
29 Jul 2022 $4.32 $-0.05 -1.14% 1,104,307 $4.35 $4.42 $4.32
28 Jul 2022 $4.37 $0.12 2.82% 548,817 $4.27 $4.38 $4.27
27 Jul 2022 $4.25 $-0.10 -2.30% 921,134 $4.36 $4.38 $4.25
26 Jul 2022 $4.35 $0.10 2.35% 1,997,226 $4.28 $4.41 $4.28
25 Jul 2022 $4.25 $0.04 0.95% 833,921 $4.22 $4.27 $4.21
22 Jul 2022 $4.21 $-0.06 -1.41% 880,536 $4.23 $4.24 $4.19
21 Jul 2022 $4.27 $0.10 2.40% 1,531,817 $4.25 $4.31 $4.18
20 Jul 2022 $4.17 $0.06 1.46% 1,264,898 $4.17 $4.22 $4.12
19 Jul 2022 $4.11 $0.03 0.74% 1,058,404 $4.10 $4.19 $4.09
18 Jul 2022 $4.08 $0.06 1.49% 1,451,287 $4.02 $4.09 $3.97
15 Jul 2022 $4.02 $-0.09 -2.19% 1,454,168 $4.01 $4.05 $3.97
14 Jul 2022 $4.11 $0.12 3.01% 1,130,470 $4.08 $4.15 $4.01
13 Jul 2022 $3.99 $-0.03 -0.75% 1,282,440 $4.00 $4.06 $3.98
12 Jul 2022 $4.02 $-0.07 -1.71% 1,636,412 $4.22 $4.27 $4.02

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
01 Mar 2022 Julian Andrews Exercise 13 $61,268
As advised by the company. 474,693 - Performance rights and restricted shares
Assumed Qty trade as difference between prior and post holdings.
Lifting of restrictions attaching to 13,676 of Restricted Shares issued to Mr Andrews
01 Mar 2022 Julian Andrews Buy 13 $61,268
As advised by the company. Assumed Qty trade as difference between prior and post holdings.
Lifting of restrictions attaching to 13,676 of Restricted Shares issued to Mr Andrews
18 Feb 2022 Julian Andrews Exercise 22 $100,914
Conversion of securities. 510,946 - Performance Rights & Restricted Shares
18 Feb 2022 Julian Andrews Expiry 22 $100,919
As advised by the company. 4,88,369 - performance rights & restricted shares
22,577 performance rights lapsed
18 Feb 2022 Julian Andrews Buy 22 $100,914
Conversion of securities.
20 Dec 2021 Julian Andrews Issued 191 $802,624
Issue of securities. 5,33,522 - Performance Rights
17 Sep 2021 Joanne Warner Buy 7 $26,670
On-market trade.
16 Sep 2021 Jennifer (Jenny) Seabrook Transfer 20 $80,195
Off-market transfer. Assuming 20,776 indirect shares transferred to direct shares
16 Sep 2021 Jennifer (Jenny) Seabrook Buy 25 $97,486
On-market trade.
16 Sep 2021 Jennifer (Jenny) Seabrook Transfer 20 $80,195
Off-market transfer. Assuming 20,776 indirect shares transferred to direct shares
09 Sep 2021 Joanne Warner Buy 20 $79,000
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Ms Jennifer (Jenny) Anne Seabrook Non-Executive ChairmanNon-Executive Director Jun 2020
Ms Seabrook has worked at the various levels of corporate Australia for more than 30 years, both in her capacity as a senior executive in capital markets, mergers and acquisitions and accounting advisory roles, and in numerous directorships. Ms Seabrook has experience in global resources, investment and capital markets through these roles. She is currently a senior adviser at Gresham (due to retire 30 September 2020) and a non-executive director of BGC and Australian Rail Track Corporation. Some of her previous non-executive directorships include: Iluka Resources Limited, MMG Limited, IRESS Limited, Export Finance and Insurance Corporation, Western Australian Treasury Corporation, AlintaGas, Western Power Corporation and West Australian Newspapers Holdings. Ms Seabrook was a non-executive director of Iluka from 2008 until her retirement from the Board in April 2020, and was a Member of ASIC's External Advisory Group from 2010 to 2013 and the Takeovers Panel from 2000 to 2012. She is member of the Risk committee; and member of the People and Performance Committee of the Company.
Ms Adele Stratton Non-Executive Director Jun 2020
Ms Stratton has 20 years' experience working in both practice and public listed companies. She joined Iluka in 2011 and was appointed Chief Financial Officer in September 2018. In the intervening period she held numerous senior roles across the company, most recently General Manager Finance, Investor Relations and Corporate Affairs. Ms Stratton commenced her career with KPMG, spending seven years in the assurance practice both in the UK. Prior to joining Iluka, she worked in a number of finance roles at Rio Tinto Iron Ore in Perth.She is member of the Risk committee; and member of People and Performance Committee of the Company.
Mr Julian Andrews Chief Executive OfficerManaging Director Jun 2020
Mr Andrews has more than 20 years of experience in portfolio investment, project finance, capital raising and mergers and acquisitions across a range of industries including mining, energy and chemicals. Mr Andrews is currently Head of Strategy, Planning & Business Development at Iluka, having joined the company in 2017. Prior to joining Iluka, Mr Andrews held various roles at Wesfarmers, including General Manager, Business Development and Chief Financial Officer in Wesfarmers Chemicals, Energy & Fertilisers division. He began his career in strategy consulting with PricewaterhouseCoopers Canada and worked in project finance and corporate advisory in the USA before returning to Perth in 2004.
Dr Joanne Warner Non-Executive Director Oct 2020
Dr Warner has global asset management experience as an institutional investor managing portfolios of mining and energy companies, including 20 years at Colonial First State Global Asset Management where she served as Head of Global Resources from 2010 to 2017. She is currently a Non-executive director of First Quantum Minerals, a TSX-listed base metals group, and Geo40 Limited, a company focused on the extraction of silica and other minerals from geothermal fluids associated with power generation. He is member of the Risk committee; and Chair of the People and Performance Committee of the Company.
Mr Graeme Devlin Non-Executive Director Oct 2020
Mr Devlin is an experienced mining executive, having served most recently as BHP's global head of Acquisitions and Divestments from 2009 to 2016. Prior to that, Mr Devlin worked in a various business development, operational, investment evaluation, project and finance roles within BHP, Coal & Allied, Rio Tinto and CRA Limited. During his time at BHP, Mr Devlin led the transformation of BHP's capital investment decision making rigour, capability and processes. He was also involved in the identification and evaluation of numerous opportunities and execution of transactions, which led to a fundamental reshaping of BHP's core asset portfolio. He is Chair of the Risk committee and member of People and Performance Committee of the Company.
Ms Bronwyn Kerr Company SecretaryGeneral Counsel Nov 2021
-
Mr Brendan Ryan Chief Financial OfficerJoint Company Secretary Sep 2020
-
Brendan Ryan Chief Financial OfficerJoint Company Secretary
-
Bronwyn Kerr Company SecretaryGeneral Counsel
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 123,274,209 23.33%
J P Morgan Nominees Australia Pty Limited 113,901,745 21.55%
Iluka Resources Limited 105,692,420 20.00%
Citicorp Nominees Pty Limited 58,017,011 10.98%
National Nominees Limited 19,652,320 3.72%
BNP Paribas Noms Pty Ltd (Drp) 12,293,566 2.33%
BNP Paribas Nominees Pty Ltd (Agency Lending Drp A/C) 7,160,430 1.35%
Brispot Nominees Pty Ltd (House Head Nominee A/C) 4,803,675 0.91%
UBS Nominees Pty Ltd 4,389,314 0.83%
HSBC Custody Nominees (Australia) Limited A/C 2 3,515,083 0.67%
Citicorp Nominees Pty Limited (Colonial First State Inv A/C) 3,083,519 0.58%
BNP Paribas Nominees Pty Ltd Six Sis Ltd (Drp A/C) 1,247,234 0.24%
R O Henderson (Beehive) Pty Limited 1,080,000 0.20%
HSBC Custody Nominees (Australia) Limited (Nt Comnwlth Super Corp A/C) 1,064,063 0.20%
Woodross Nominees Pty Ltd 923,398 0.17%
Amp Life Limited 756,868 0.14%
BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd (Drp A/C) 663,395 0.13%
BNP Paribas Nominees Pty Ltd (Ib Au Noms Retailclient Drp) 647,832 0.12%
Netwealth Investments Limited (Wrap Services A/C) 632,830 0.12%
One Managed Invt Funds Ltd (Sandon Capital Inv Ltd A/C) 558,155 0.11%

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