DOW News: Downer EDI (ASX:DOW) Is Due To Pay A Dividend Of A$0.06 - 19th Feb 2024, 12:19pm

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Downer EDI Limited (ASX:DOW) will pay a dividend of A$0.06 on the 11th of April. This takes the annual payment to 2.6% of the current stock price, which is about average for the industry.

Check out our latest analysis for Downer EDI

Downer EDI's Dividend Is Well Covered By Earnings

Unless the payments are sustainable, the dividend yield doesn't mean too much. While Downer EDI is not profitable, it is paying out less than 75% of its free cash flow, which means that there is plenty left over fo...

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