IGO News: IGO (ASX:IGO) Has Announced A Dividend Of A$0.26 - 3rd Sep 2024, 2:31pm

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IGO Limited (ASX:IGO) has announced that it will pay a dividend of A$0.26 per share on the 26th of September. This means the annual payment is 6.8% of the current stock price, which is above the average for the industry.

View our latest analysis for IGO

IGO Doesn't Earn Enough To Cover Its Payments

If the payments aren't sustainable, a high yield for a few years won't matter that much. Before making this announcement, IGO's dividend was higher than its profits, but the free cash flows quite c...

>>> Read more: IGO (ASX:IGO) Has Announced A Dividend Of A$0.26
 
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