ILU News: Iluka Resources' (ASX:ILU) Dividend Will Be Increased To A$0.20 - 27th Feb 2023, 9:07am

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Iluka Resources Limited (ASX:ILU) has announced that it will be increasing its dividend from last year's comparable payment on the 30th of March to A$0.20. Although the dividend is now higher, the yield is only 4.3%, which is below the industry average.

See our latest analysis for Iluka Resources

Iluka Resources Is Paying Out More Than It Is Earning

If it is predictable over a long period, even low dividend yields can be attractive. However, Iluka Resources' earnings easily cover the dividend...

>>> Read more: Iluka Resources' (ASX:ILU) Dividend Will Be Increased To A$0.20
 
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