IPL News: Incitec Pivot's (ASX:IPL) Dividend Will Be Reduced To A$0.05 - 17th Nov 2023, 11:44am

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Incitec Pivot Limited's (ASX:IPL) dividend is being reduced from last year's payment covering the same period to A$0.05 on the 19th of December. This means the annual payment is 5.0% of the current stock price, which is above the average for the industry.

See our latest analysis for Incitec Pivot

Incitec Pivot'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. Based on the last payment, the compa...

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