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ARB Corporation Limited (ASX:ARB) will increase its dividend on the 22nd of April to AU$0.39. Even though the dividend went up, the yield is still quite low at only 1.9%.
View our latest analysis for ARB
ARB's Dividend Is Well Covered By Earnings
If it is predictable over a long period, even low dividend yields can be attractive. Prior to this announcement, ARB's dividend was only 50% of earnings, however it was paying out 289% of free cash flows. While the company may be more focused on retu...
>>> Read more: ARB (ASX:ARB) Is Increasing Its Dividend To AU$0.39
View our latest analysis for ARB
ARB's Dividend Is Well Covered By Earnings
If it is predictable over a long period, even low dividend yields can be attractive. Prior to this announcement, ARB's dividend was only 50% of earnings, however it was paying out 289% of free cash flows. While the company may be more focused on retu...
>>> Read more: ARB (ASX:ARB) Is Increasing Its Dividend To AU$0.39