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Money3 Corporation Limited (ASX:MNY) has announced that it will be increasing its dividend on the 29th of April to AU$0.06. This makes the dividend yield about the same as the industry average at 4.0%.
See our latest analysis for Money3
Money3's Dividend Is Well Covered By Earnings
Solid dividend yields are great, but they only really help us if the payment is sustainable. Based on the last payment, Money3's earnings were much higher than the dividend, but it wasn't converting those earnings ...
>>> Read more: Money3's (ASX:MNY) Shareholders Will Receive A Bigger Dividend Than Last Year
See our latest analysis for Money3
Money3's Dividend Is Well Covered By Earnings
Solid dividend yields are great, but they only really help us if the payment is sustainable. Based on the last payment, Money3's earnings were much higher than the dividend, but it wasn't converting those earnings ...
>>> Read more: Money3's (ASX:MNY) Shareholders Will Receive A Bigger Dividend Than Last Year
