On 25 July 2022, the Board of Drax Group plc resolved to pay an interim dividend for the six months ended 30 June 2022 of 8.4 pence per share (£34 million), representing 40% of the expected full year dividend. The interim dividend will be paid on 7 October 2022 with a record date of 26 August 2022.

The company provided dividend guidance for the year 2022. The company expects full year dividend up 11.7% to 21.0 pence per share (2021: 18.8 per share).