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Chorus Limited (NZSE:CNU) has announced that it will be increasing its dividend from last year's comparable payment on the 11th of April to NZ$0.17. The payment will take the dividend yield to 4.4%, which is in line with the average for the industry.
Check out our latest analysis for Chorus
Chorus Is Paying Out More Than It Is Earning
We aren't too impressed by dividend yields unless they can be sustained over time. Prior to this announcement, the company was paying out 543% of what it was ea...
>>> Read more: Chorus' (NZSE:CNU) Shareholders Will Receive A Bigger Dividend Than Last Year
Check out our latest analysis for Chorus
Chorus Is Paying Out More Than It Is Earning
We aren't too impressed by dividend yields unless they can be sustained over time. Prior to this announcement, the company was paying out 543% of what it was ea...
>>> Read more: Chorus' (NZSE:CNU) Shareholders Will Receive A Bigger Dividend Than Last Year
