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AVJennings Limited (ASX:AVJ) will increase its dividend on the 25th of March to AU$0.011, which is 57% higher than last year. This will take the annual payment from 4.2% to 4.9% of the stock price, which is above what most companies in the industry pay.
View our latest analysis for AVJennings
AVJennings' Payment Has Solid Earnings Coverage
If the payments aren't sustainable, a high yield for a few years won't matter that much. The last dividend was quite easily covered by AVJennings' earnings...
>>> Read more: AVJennings (ASX:AVJ) Is Increasing Its Dividend To AU$0.011
View our latest analysis for AVJennings
AVJennings' Payment Has Solid Earnings Coverage
If the payments aren't sustainable, a high yield for a few years won't matter that much. The last dividend was quite easily covered by AVJennings' earnings...
>>> Read more: AVJennings (ASX:AVJ) Is Increasing Its Dividend To AU$0.011
