ASX News: ASX (ASX:ASX) Has Announced That Its Dividend Will Be Reduced To A$1.12 - 20th Aug 2023, 8:08am

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ASX Limited's (ASX:ASX) dividend is being reduced from last year's payment covering the same period to A$1.12 on the 27th of September. This means that the annual payment will be 3.9% of the current stock price, which is in line with the average for the industry.

See our latest analysis for ASX

ASX's Payment Has Solid Earnings Coverage

While it is always good to see a solid dividend yield, we should also consider whether the payment is feasible. Prior to this announcement, the dividend made u...

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