ASX News: ASX (ASX:ASX) Is Increasing Its Dividend To AU$1.16 - 14th Feb 2022, 8:01am

zeeb0t

Administrator
Staff member
ASX Limited's (ASX:ASX) dividend will be increasing to AU$1.16 on 23rd of March. Although the dividend is now higher, the yield is only 2.8%, which is below the industry average.

View our latest analysis for ASX

ASX's Dividend Is Well Covered By Earnings

It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. The last payment made up 90% of earnings, but cash flows were much higher. Since the dividend is just paying out ...

>>> Read more: ASX (ASX:ASX) Is Increasing Its Dividend To AU$1.16
 
Top Bottom