Drax Group plc
DRX.L (LSE)
Drax Group plc stands as a notable player in the energy sector, holding a 3.22% weighting in the dividend aristocrats index. Delivering a solid dividend yield of 1.72%, Drax has seen impressive returns of 45.64% over the past year and 128.63% over five years, highlighting its potential for growth and stability.
Pros:
- Strong historical returns over 5 years
- Stable dividend payments
Cons:
- Market volatility risk
- Dependence on energy sector performance
Drax Group plc may be suitable for investors seeking exposure to the energy sector with a focus on growth and a modest dividend yield. Its strong historical performance and position within the dividend aristocrats index suggest it could appeal to those looking for a blend of capital appreciation and income stability.
