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Elders Limited (ASX:ELD) has announced that on 20th of December, it will be paying a dividend ofA$0.23, which a reduction from last year's comparable dividend. The yield is still above the industry average at 6.3%.
See our latest analysis for Elders
Elders' Dividend Is Well Covered By Earnings
While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. The last payment made up 71% of earnings, but cash flows were much higher. This leaves plen...
>>> Read more: Elders' (ASX:ELD) Dividend Will Be Reduced To A$0.23
See our latest analysis for Elders
Elders' Dividend Is Well Covered By Earnings
While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. The last payment made up 71% of earnings, but cash flows were much higher. This leaves plen...
>>> Read more: Elders' (ASX:ELD) Dividend Will Be Reduced To A$0.23
