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Metcash Limited's (ASX:MTS) dividend is being reduced from last year's payment covering the same period to A$0.085 on the 27th of August. The dividend yield of 4.7% is still a nice boost to shareholder returns, despite the cut.
Check out our latest analysis for Metcash
Metcash'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. Prior to this announcement, Metcash's dividend made up quite a large p...
>>> Read more: Metcash's (ASX:MTS) Dividend Will Be Reduced To A$0.085
Check out our latest analysis for Metcash
Metcash'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. Prior to this announcement, Metcash's dividend made up quite a large p...
>>> Read more: Metcash's (ASX:MTS) Dividend Will Be Reduced To A$0.085
