CNU News: Chorus' (NZSE:CNU) Upcoming Dividend Will Be Larger Than Last Year's - 25th Aug 2022, 4:37am

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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 October to NZ$0.21. The payment will take the dividend yield to 4.4%, which is in line with the average for the industry.

See our latest analysis for Chorus

Chorus Doesn't Earn Enough To Cover Its Payments

Solid dividend yields are great, but they only really help us if the payment is sustainable. Based on the last payment, the company wasn't making enough to cove...

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