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The board of Chorus Limited (NZSE:CNU) has announced that it will be increasing its dividend on the 12th of April to NZ$0.16. This makes the dividend yield about the same as the industry average at 4.5%.
Check out our latest analysis for Chorus
Chorus Is Paying Out More Than It Is Earning
Unless the payments are sustainable, the dividend yield doesn't mean too much. Before making this announcement, the company's dividend was much higher than its earnings. Without profits and cash flows increa...
>>> Read more: Chorus (NZSE:CNU) Will Pay A Larger Dividend Than Last Year At NZ$0.16
Check out our latest analysis for Chorus
Chorus Is Paying Out More Than It Is Earning
Unless the payments are sustainable, the dividend yield doesn't mean too much. Before making this announcement, the company's dividend was much higher than its earnings. Without profits and cash flows increa...
>>> Read more: Chorus (NZSE:CNU) Will Pay A Larger Dividend Than Last Year At NZ$0.16