The board of Contact Energy Limited (NZSE:CEN) has announced that it will be increasing its dividend on the 30th of March to NZ$0.16. This will take the annual payment from 4.3% to 4.8% of the stock price, which is above what most companies in the industry pay.
Check out our latest analysis for Contact Energy
Contact Energy Is Paying Out More Than It Is Earning
We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Before making this announcement, the...
>>> Read more: Contact Energy's (NZSE:CEN) Upcoming Dividend Will Be Larger Than Last Year's
Check out our latest analysis for Contact Energy
Contact Energy Is Paying Out More Than It Is Earning
We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Before making this announcement, the...
>>> Read more: Contact Energy's (NZSE:CEN) Upcoming Dividend Will Be Larger Than Last Year's
