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The board of GrainCorp Limited (ASX:GNC) has announced that it will pay a dividend of A$0.30 per share on the 14th of December. The dividend yield will be 6.9% based on this payment which is still above the industry average.
Check out our latest analysis for GrainCorp
GrainCorp Is Paying Out More Than It Is Earning
If the payments aren't sustainable, a high yield for a few years won't matter that much. However, GrainCorp's earnings easily cover the dividend. This means that most of its earnin...
>>> Read more: GrainCorp (ASX:GNC) Is Due To Pay A Dividend Of A$0.30
Check out our latest analysis for GrainCorp
GrainCorp Is Paying Out More Than It Is Earning
If the payments aren't sustainable, a high yield for a few years won't matter that much. However, GrainCorp's earnings easily cover the dividend. This means that most of its earnin...
>>> Read more: GrainCorp (ASX:GNC) Is Due To Pay A Dividend Of A$0.30
