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Inghams Group Limited (ASX:ING) is reducing its dividend to AU$0.065 on the 7th of Aprilwhich is 13% less than last year. The yield is still above the industry average at 5.1%.
Check out our latest analysis for Inghams Group
Inghams Group's Payment Has Solid Earnings Coverage
While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. The last dividend was quite easily covered by Inghams Group's earnings. This means that a large portion of it...
>>> Read more: Inghams Group (ASX:ING) Will Pay A Smaller Dividend Than Last Year
Check out our latest analysis for Inghams Group
Inghams Group's Payment Has Solid Earnings Coverage
While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. The last dividend was quite easily covered by Inghams Group's earnings. This means that a large portion of it...
>>> Read more: Inghams Group (ASX:ING) Will Pay A Smaller Dividend Than Last Year