GNC News: GrainCorp's (ASX:GNC) Shareholders Will Receive A Bigger Dividend Than Last Year - 14th May 2022, 6:00am

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GrainCorp Limited's (ASX:GNC) dividend will be increasing to AU$0.24 on 21st of July. This takes the annual payment to 3.4% of the current stock price, which is about average for the industry.

View our latest analysis for GrainCorp

GrainCorp's Earnings Easily Cover the Distributions

Solid dividend yields are great, but they only really help us if the payment is sustainable. Based on the last payment, GrainCorp was paying only paying out a fraction of earnings, but the payment was a massive 32...

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