ASB News: Austal's (ASX:ASB) Dividend Will Be A$0.04 - 30th Aug 2022, 6:09am

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Austal Limited (ASX:ASB) has announced that it will pay a dividend of A$0.04 per share on the 13th of October. This means the annual payment is 3.1% of the current stock price, which is above the average for the industry.

View our latest analysis for Austal

Austal's Payment Has Solid Earnings Coverage

Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Austal is quite easily earning enough to cover the dividend, however it is being let down by...

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