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GrainCorp Limited's (ASX:GNC) dividend will be increasing from last year's payment of the same period to A$0.30 on 14th of December. The payment will take the dividend yield to 3.5%, which is in line with the average for the industry.
View our latest analysis for GrainCorp
GrainCorp Is Paying Out More Than It Is Earning
We aren't too impressed by dividend yields unless they can be sustained over time. Before making this announcement, GrainCorp was easily earning enough to cover the dividend. ...
>>> Read more: GrainCorp's (ASX:GNC) Dividend Will Be Increased To A$0.30
View our latest analysis for GrainCorp
GrainCorp Is Paying Out More Than It Is Earning
We aren't too impressed by dividend yields unless they can be sustained over time. Before making this announcement, GrainCorp was easily earning enough to cover the dividend. ...
>>> Read more: GrainCorp's (ASX:GNC) Dividend Will Be Increased To A$0.30
