CGF News: Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year - 20th Aug 2022, 6:30am

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Challenger Limited's (ASX:CGF) dividend will be increasing from last year's payment of the same period to A$0.115 on 21st of September. This takes the annual payment to 3.4% of the current stock price, which is about average for the industry.

View our latest analysis for Challenger

Challenger's Earnings Easily Cover The Distributions

Unless the payments are sustainable, the dividend yield doesn't mean too much. The last dividend was quite easily covered by Challenger's earnings. This means th...

>>> Read more: Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year
 
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