Aurizon Holdings Limited (ASX:AZJ) is reducing its dividend to AU$0.10 on the 30th of March. The dividend yield of 6.9% is still a nice boost to shareholder returns, despite the cut.
View our latest analysis for Aurizon Holdings
Aurizon Holdings' Dividend Is Well Covered By Earnings
We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. The last payment made up 77% of earnings, but cash flows were much higher. In general, cash flows are more important...
>>> Read more: Aurizon Holdings (ASX:AZJ) Is Paying Out Less In Dividends Than Last Year
View our latest analysis for Aurizon Holdings
Aurizon Holdings' Dividend Is Well Covered By Earnings
We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. The last payment made up 77% of earnings, but cash flows were much higher. In general, cash flows are more important...
>>> Read more: Aurizon Holdings (ASX:AZJ) Is Paying Out Less In Dividends Than Last Year