IMD News: Imdex (ASX:IMD) Is Paying Out A Larger Dividend Than Last Year - 8th Sep 2022, 6:31am

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Imdex Limited (ASX:IMD) has announced that it will be increasing its dividend from last year's comparable payment on the 11th of October to A$0.019. This takes the annual payment to 2.0% of the current stock price, which unfortunately is below what the industry is paying.

See our latest analysis for Imdex

Imdex's Payment Has Solid Earnings Coverage

Even a low dividend yield can be attractive if it is sustained for years on end. However, prior to this announcement, Imdex was quite comfortably ...

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