ASB News: Austal (ASX:ASB) Will Pay A Dividend Of A$0.04 - 27th Feb 2023, 10:28am

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Austal Limited's (ASX:ASB) investors are due to receive a payment of A$0.04 per share on 20th of April. The dividend yield will be 4.4% based on this payment which is still above the industry average.

View our latest analysis for Austal

Austal's Earnings Easily Cover The Distributions

While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Based on the last payment, Austal was earning enough to cover the dividend, but free cash flows were...

>>> Read more: Austal (ASX:ASB) Will Pay A Dividend Of A$0.04
 
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