ASX News: ASX (ASX:ASX) Is Reducing Its Dividend To A$1.12 - 3rd Sep 2023, 8:18am

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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. The dividend yield will be in the average range for the industry at 4.0%.

See our latest analysis for ASX

ASX's Earnings Easily Cover The Distributions

We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Before this announcement, ASX was paying out 139% of what it was earning, and not generating any free...

>>> Read more: ASX (ASX:ASX) Is Reducing Its Dividend To A$1.12
 
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