ELD News: Elders' (ASX:ELD) Shareholders Will Receive A Smaller Dividend Than Last Year - 18th May 2023, 7:08am

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Elders Limited (ASX:ELD) is reducing its dividend to A$0.23 on the 22nd of Junewhich is 18% less than last year's comparable payment of A$0.28. The dividend yield of 8.4% is still a nice boost to shareholder returns, despite the cut.

See our latest analysis for Elders

Elders' Dividend Is Well Covered By Earnings

Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. At the time of the last dividend payment, Elders was paying out a very large prop...

>>> Read more: Elders' (ASX:ELD) Shareholders Will Receive A Smaller Dividend Than Last Year
 
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