DOW News: Downer EDI's (ASX:DOW) Dividend Will Be A$0.12 - 26th Aug 2022, 7:45am

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Downer EDI Limited (ASX:DOW) will pay a dividend of A$0.12 on the 28th of September. This means the annual payment is 4.5% of the current stock price, which is above the average for the industry.

See our latest analysis for Downer EDI

Downer EDI's Earnings Easily Cover The Distributions

We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Prior to this announcement, the company was paying out 113% of what it was earning and 75% of cash flows. This i...

>>> Read more: Downer EDI's (ASX:DOW) Dividend Will Be A$0.12
 
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