IEL News: IDP Education (ASX:IEL) Will Pay A Larger Dividend Than Last Year At A$0.25 - 22nd Feb 2024, 9:55am

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The board of IDP Education Limited (ASX:IEL) has announced that it will be increasing its dividend by 19% on the 27th of March to A$0.25, up from last year's comparable payment of A$0.21. The payment will take the dividend yield to 2.1%, which is in line with the average for the industry.

View our latest analysis for IDP Education

IDP Education's Dividend Is Well Covered By Earnings

Unless the payments are sustainable, the dividend yield doesn't mean too much. The last dividend made up a very...

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