CGF News: Challenger's (ASX:CGF) Dividend Will Be Increased To A$0.13 - 18th Feb 2024, 10:13am

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Challenger Limited's (ASX:CGF) dividend will be increasing from last year's payment of the same period to A$0.13 on 19th of March. This makes the dividend yield about the same as the industry average at 3.7%.

Check out our latest analysis for Challenger

Challenger's Payment Has Solid Earnings Coverage

Unless the payments are sustainable, the dividend yield doesn't mean too much. Prior to this announcement, Challenger's dividend was comfortably covered by both cash flow and earnings. This mean...

>>> Read more: Challenger's (ASX:CGF) Dividend Will Be Increased To A$0.13
 
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