ARB News: ARB's (ASX:ARB) Dividend Will Be Increased To A$0.35 - 23rd Aug 2024, 9:03am

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The board of ARB Corporation Limited (ASX:ARB) has announced that it will be paying its dividend of A$0.35 on the 18th of October, an increased payment from last year's comparable dividend. This takes the annual payment to 1.6% of the current stock price, which unfortunately is below what the industry is paying.

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ARB's Earnings Easily Cover The Distributions

If it is predictable over a long period, even low dividend yields can be attractive. The last dividend w...

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