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ASX Limited (ASX:ASX) is reducing its dividend from last year's comparable payment to A$1.16 on the 29th of March. The dividend yield will be in the average range for the industry at 3.5%.
Check out our latest analysis for ASX
ASX's Payment Has Solid Earnings Coverage
We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Before making this announcement, ASX's dividend was higher than its profits, but the free cash flows quite comfortably c...
>>> Read more: ASX's (ASX:ASX) Dividend Will Be Reduced To A$1.16
Check out our latest analysis for ASX
ASX's Payment Has Solid Earnings Coverage
We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Before making this announcement, ASX's dividend was higher than its profits, but the free cash flows quite comfortably c...
>>> Read more: ASX's (ASX:ASX) Dividend Will Be Reduced To A$1.16
