IPL News: Incitec Pivot's (ASX:IPL) Dividend Is Being Reduced To A$0.043 - 6th Jun 2024, 3:18pm

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Incitec Pivot Limited (ASX:IPL) has announced that on 4th of July, it will be paying a dividend ofA$0.043, which a reduction from last year's comparable dividend. The yield is still above the industry average at 5.0%.

See our latest analysis for Incitec Pivot

Incitec Pivot 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. Incitec Pivot is unprofitable despite paying a dividend, and it is paying out 336% of its fr...

>>> Read more: Incitec Pivot's (ASX:IPL) Dividend Is Being Reduced To A$0.043
 
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